Chaowei Power HY26 profit attributable to owners drops 27.4% to RMB 148.86 million; revenue falls 11.5% to RMB 24.12 billion

• Chaowei Power posted a 27.4% drop in profit attributable to owners to RMB 148.86 million for the six months ended June 30, 2026.
• Revenue fell 11.5% to RMB 24.12 billion, mainly due to lower sales of renewable materials.
• Gross profit slid 13.7% to RMB 1.54 billion; gross margin narrowed 0.2 percentage points to 6.4%.
• Basic earnings per share decreased to RMB 0.13; the board did not declare an interim dividend.
• R&D spending totaled RMB 597.25 million; Phase I of a 6.5 GWh sodium-ion battery line at Anqing Chaoren began operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chaowei Power Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260826-12301263), on August 26, 2026, and is solely responsible for the information contained therein.