Ming Yang Smart Energy FY26 H1 net profit drops 81.77% to RMB 111.19 million; revenue slips 0.62% to RMB 17.04 billion

• Ming Yang Smart Energy posted revenue of RMB 17.04 billion in January-June, down 0.62% year on year.
• Net profit attributable to shareholders fell 81.77% to RMB 111.19 million; basic EPS slid to RMB 0.05 from RMB 0.27.
• Total profit dropped 66.9% to RMB 218.25 million; net profit after non-recurring items turned to a loss of RMB 39.97 million.
• Net cash used in operating activities widened to RMB 8.17 billion from RMB 3.5 billion, on higher note settlements and procurement payments.
• Wind turbine external sales reached 8.9 GW, including 7.82 GW onshore and 1.08 GW offshore; wind turbine-related revenue totaled RMB 16.05 billion.

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