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  1. IndustrialTennecoTenneco Industrial présentera ses technologies de pointe pour les applications marines et les moteurs de forte cylindrée au salon SMM 20261er–4 septembre 2026 | Hall A3, stand 205
  2. FinanceCALB (03931.HK) Reports Strong Growth in 1H 2026 Results, with Net Profit Increasing Significantly Year-on-Year by 102.2%CALB Group Co., Ltd. (“CALB” or the “Company”, stock code: 3931.HK) announced its unaudited condensed consolidated interim results for the six months ended June 30, 2026 (the “Reporting Period”). During the Reporting Period, the Company recorded revenue of approximately RMB27.08 billion, representing a year-on-year increase of 65.0%, and net profit of approximately RMB1.52 billion, representing a year-on-year increase of 102.2%. The strong growth in the Company’s results was mainly attributable to the expansion of new customers and application scenarios, as well as the continued ramp-up of new products across passenger vehicles, commercial vehicles and energy storage, driving sustained growth in business scale. According to statistics from leading industry organizations, global power battery installations reached 608.5GWh in the first half of 2026, representing a year-on-year increase of 20%, while global energy storage cell shipments reached 467.84GWh, up 94.76% year-on-year, reflecting the continued rapid growth of the global new energy industry. In recent years, CALB has continued to advance its two core businesses of power batteries and energy storage, while expanding into application scenarios including new energy vessels, low-altitude mobility and robotics. With continued innovation in technologies and products and further expansion into domestic and overseas markets, the Company’s business portfolio has continued to broaden. Broad Coverage of Mainstream Automakers, with Global Power Battery Market Share Continuing to Rise In the passenger vehicle segment, CALB’s customer portfolio has continued to optimize, with broad coverage of mainstream automakers and steady progress in its premium and internationalization strategies. The Company has become a strategic partner in platform-based battery systems including Huawei’s Giant Whale Battery and Xiaomi’s Dragon Armor Battery, providing core power battery solutions for a range of vehicle models and series, including the LUXEED R7, LUXEED RX, SAIC Z7, and Xiaomi SkyNomad N70 Max and N90 Max, covering both LFP and ternary battery chemistries. CALB’s “UP super-charged” batteries, with their strong and stable fast-charging performance, are exclusively supplied for flagship models including the XPeng GX and G9L, and across the XPeng MONA lineup. During the reporting period, CALB provided stable power battery supplies for customers including XPeng, Huawei, GAC and Leapmotor, while supporting global vehicle models from customers including Toyota and Mazda. New overseas platform projects with Volkswagen and Hyundai are progressing rapidly, and the power battery plant jointly established with Leapmotor is expected to commence operations soon. CALB’s passenger vehicle power battery supply volume continued to grow, with overseas installations increasing by 84% year-on-year, reflecting an accelerated global expansion. In the commercial vehicle segment, CALB’s battery shipments increased by 225% year-on-year in the first half of 2026, with 206 newly announced vehicle models. The Company’s market share in both China and globally continued to increase, while cooperation with major heavy- and light-duty commercial vehicle customers including Sinotruk, XCMG, SANY, SHACMAN, Chery, Geely and Dongfengcontinued to expand, driving further market penetration. CALB’s commercial vehicle business is evolving from battery product sales toward full life-cycle value operations in the new energy commercial vehicle sector. Heavy-duty commercial applications, including heavy trucks and construction machinery, have become key components of the Company’s commercial vehicle business. An integrated “vehicle-battery-charging station-cloud” ecosystem for commercial vehicle applications is gradually taking shape, while business models including battery banking and financial leasing have been successfully piloted. Demonstration projects in green mines and zero-carbon ports have also received strong recognition from customers. Utility-Scale Energy Storage Maintains Leading Position, with Overseas Business Gaining Momentum CALB’s ESS business also maintained healthy growth momentum. In the first half of 2026, the Company ranked among the global top four in utility-scale energy storage, with steadily increasing shipments and continued growth in overseas installations. In the power energy storage segment, cooperation with major energy companies including SPIC, Huadian, Datang and China Three Gorges Renewables continued to progress. CALB also worked with leading system integrators such as Sungrow and Huawei, as well as supply chain partners and end users, to advance technological, product and application innovations across multiple scenarios, reduce operating costs of power systems and improve overall returns.In the zero-carbon ecosystem, the Company has actively explored new business models and made key progress in emerging strategic areas including direct green power supply and zero-carbon cities. Building on these initiatives, CALB is also advancing the development of source-grid-load-storage integration and virtual power plant platforms, while exploring pathways toward city-level zero-carbon development. Meanwhile, CALB has actively expanded its residential and commercial and industrial energy storage businesses, securing project nominations from multiple leading customers and achieving stable deliveries, with market performance ranking among the industry leaders. In emerging areas such as AIDC, the Company has been actively exploring energy storage technologies and product solutions, and has completed the development of 6C high-rate energy storage systems to address the backup power requirements of AIDC applications.To advance its internationalization strategy and further enhance profitability, CALB has accelerated its overseas expansion and achieved positive progress. During the reporting period, the Company’s next-generation 600Ah+ ESS cells entered mass production at scale to meet overseas application requirements. Its liquid-cooled containerized energy storage systems have been deployed and delivered in high-value markets including Europe, Japan and the United States. Its residential and commercial and industrial energy storage products now cover multiple overseas markets, with cooperation established with customers in more than ten countries and regions. Expanding into Multiple Emerging Scenarios, with AI Driving a New Wave of Innovation Beyond the two major application areas of new energy vehicles and energy storage, CALB has actively expanded into emerging application scenarios based on its development philosophy of “shared technology platforms and shared product platforms.” In the new energy vessel sector, the Company has obtained certifications from major international classification societies including DNV, ABS, BV, RINA and CCS, and projects including China’s first CCS-certified carbon-fiber electric official vessel have successfully commenced operations. In the low-altitude mobility sector, CALB’s high-energy cylindrical cells achieve an energy density of up to 310Wh/kg and have secured exclusive nomination for customers’ key aircraft models. Its next-generation 360Wh/kg high-nickel, silicon-carbon cylindrical batteries are gradually entering the preparation stage for commercialization. In the robotics market, high-performance battery products are expected to enter mass deliveries, while 10Ah-class all-solid-state batteries are expected to enter their initial stage of commercial application. Notably, CALB is building new capabilities for AI-driven R&D, manufacturing and operations under its “AI + Energy” strategy. On the R&D side, the Company is exploring the integration of AI with materials science and simulation computing to accelerate breakthroughs in new products. In manufacturing, CALB is integrating AI with industrial big data to drive the evolution of its production lines toward greater intelligence. In operations, the Company is promoting deeper integration of data and intelligent agents to enhance management and decision-making efficiency. By continuously strengthening its capabilities in data, computing power and AI models, CALB is gradually building an intelligent foundation for enterprise operations. From premium expansion in passenger vehicles, to volume growth and business model innovation in commercial vehicles, and accelerated expansion into global energy storage markets and early positioning in emerging markets, CALB has established a multi-layered and progressively expanding growth profile.Against the backdrop of continued strong momentum in the new energy industry, CALB expects its market share and profitability to enter an accelerated growth phase as its customer mix continues to improve and global delivery capabilities are progressively strengthened, further enhancing its global competitiveness and industry influence. About CALB CALB (3931.HK) is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage. Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities.
  3. FinanceCorvexCorvex Appoints Garrett Brams to Lead Data Center Infrastructure DevelopmentCushman & Wakefield managing director joins Corvex — will source the sites and power behind the company's expanding AI Factory platform — Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated...
  4. AIPerceptron AI Launches Isaac 0.5, a Frontier Open-Weight Robotics ModelBELLEVUE, Wash., August 28, 2026--Perceptron AI has launched Isaac 0.5, a 36-billion-parameter open-weight embodied foundation model that combines video understanding, embodied reasoning and robot control, the first open model at the frontier of all three. Perceptron is working with customers to adapt the model for industrial systems.
  5. FinanceCIMC Group Announces 2026 Interim ResultsFinancial Highlights RMB (million) 1H2025 1H2026 1Q2026 2Q2026 Quarter-on-Quarter Change Revenue 76,090 78,913 32,664 46,249 +42% Operating Profit 2,817 1,962 607 1,355 +123% Foreign Exchange Losses 47 803 228 574 The expanded loss is attributable to the expansion of business scale. Pre-FX Loss Operating Profit [1] 2,864 2,764 835 1,929 +131% Profit Before Income Tax 2,798 1,969 615 1,353 +120% Gross Profit 9,643 9,380 3,770 5,611 +49% Gross Profit Margin 12.67% 11.89% 11.54% 12.13% +0.6pct Net Profit 1,764 1,373 412 961 +133% Net Profit Attributable to Shareholders and Other Equity Holders of the Company [2] 1,278 740 209 531 +154% Notes: 1. Pre-FX Loss Operating Profit = Operating Profit + Foreign Exchange Losses2. Net profit attributable to shareholders and other equity holders of the Company, with interest on perpetual bonds of approximately RMB47.8 million Results Highlights 1. Profitability of energy-related businesses continued to be released, with net profit increasing by RMB1.36 billion: The combined net profit of the offshore engineering segment and the finance and asset management segment (mainly drilling rig leasing) increased by approximately RMB1.339 billion, while that of the energy, chemical and liquid food equipment segment increased by RMB20 million. Among them, the gross profit margin of the offshore engineering segment increased by 10.1 percentage points year-on-year (“YoY”) to 20.9%, with net profit reaching RMB718 million, making it the Company’s largest profit-generating segment. The finance and asset management segment successfully turned losses into profits, with a net profit margin of 9.8%. As at the end of June, total orders on hand amounted to approximately RMB83.6 billion, with production schedules extending to 2030: orders on hand for the offshore engineering and energy, chemical and liquid food equipment segments amounted to US$7.62 billion and RMB31.77 billion, respectively. In particular, CIMC Raffles secured one FPSO and one FLNG EPCIC / EPC general contracting order during the year, making it the first offshore engineering enterprise in China with dual-project general contracting capabilities (EPCIC / EPC). Benefiting from rising demand for increased deepwater oil and gas production, new orders accelerated in the third quarter. 2. Double breakthroughs in modular data center deliveries and orders: The modular data center business recorded explosive growth, with revenue increasing by more than five times YoY. During the Reporting Period, new contracts were signed for 200MW of cloud computing and AI computing power data center projects. 3. Logistics-related businesses consolidated their industry positions, with demand bottoming out and recovering quarter-on-quarter: Core products including standard dry containers, reefer containers, chemical tank containers and semi-trailers maintained their global No. 1 positions. During the Reporting Period, the overall gross profit margin declined due to exchange rate fluctuations and pressure on demand, while demand for containers, road transportation vehicles, airport facilities and logistics equipment, and recycled load bottomed out and recovered quarter-on-quarter. 4. Interest expenses continued to be optimised, with a more robust financial structure: As at the end of Reporting Period, interest-bearing debt amounted to RMB34.8 billion, down RMB6.4 billion from the end of June 2025, with the interest-bearing debt ratio at approximately 20%. Benefiting from the optimisation of financing rates and scale, net interest expenses decreased by approximately RMB218 million YoY during the Reporting Period, and the financial structure continued to be optimised. HONG KONG, August 28, 2026 - China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039.SZ/02039.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2026 (the “Reporting Period”). The management of CIMC Group stated that in the first half of 2026, global changes unseen in a century accelerated, geopolitical conflicts reshaped the energy and trade landscape, while global merchandise trade demonstrated resilience amid fluctuations. Against a backdrop of opportunities and challenges, the Group closely followed the main business tone of “focusing on high-quality development and cultivating new growth drivers”, coordinated the reasonable growth of “quantity” and the effective improvement of “quality”, and, leveraging its diversified business portfolio and global operating platform, mitigated fluctuations in individual regions to achieve steady and high-quality development. In the first half of 2026, the Group achieved revenue of RMB78.9 billion and net profit of RMB1.37 billion, while net profit attributable to shareholders and other equity holders of the Company amounted to RMB740 million. During the Reporting Period, domestic revenue accounted for approximately 53.62%, while overseas revenue accounted for approximately 46.38%, maintaining a balanced market structure. To effectively safeguard shareholder value and convey confidence in long-term development, the Company repurchased H Shares amounting to approximately HKD173 million during the first half of 2026, with approximately 19.28 million H Shares repurchased in aggregate. As at the end of June, the Company had completed the implementation of its 2025 H Share repurchase plan. Meanwhile, to further enhance shareholder confidence, the Company announced in July 2026 its plan to repurchase a portion of its H Shares, with the total repurchase amount not exceeding HKD173 million. In respect of A Shares, the Company recently announced a proposal to change the use of the A Shares repurchased in 2023 and cancel such shares and reduce its registered capital, namely, to cancel the 24.65 million A Shares repurchased by the Company in 2023 and correspondingly reduce the registered capital of the Company, thereby adopting multiple measures to safeguard the interests of its investors. Segments Results (RMB million) 1H2026 BusinessIndicators Revenue % of TotalRevenue GrossProfit % of Total Gross Profit Gross Profit Margin NetProfit Container manufacturing 21,920 27.78% 1,827 19.48% 8.34% 272 Road transportation vehicles 10,737 13.61% 1,551 16.53% 14.44% 356 Energy, chemical, and liquid food equipment 13,396 16.98% 1,962 20.92% 14.65% 480 Offshore engineering 7,935 10.06% 1,659 17.69% 20.91% 718 Airport facilities and logistics equipment, fire safety and rescue equipment 3,357 4.25% 706 7.52% 21.03% 71 Logistics services 13,945 17.67% 910 9.70% 6.53% 240 Finance and asset management 1,710 2.17% 287 3.06% 16.77% 167 The above major segments 72,999 92.52% 8,902 94.90% 12.19% 2,304 Core Business Performance 1. In the Logistics Field Container Manufacturing Business: During the Reporting Period, although global trade continued to face adverse factors such as high inflation and geopolitical frictions, the growth of global merchandise trade continued to maintain a certain degree of resilience. According to Container Trades Statistics, global container trade volume increased by approximately 5.2% YoY in the first half of 2026, mainly benefiting from the growth of trade related to the global technology industry. Meanwhile, the low efficiency of container shipping caused by the blockage of the Strait of Hormuz, disruption to the resumption of shipping routes in the Red Sea and port congestion supported demand for containers. During the Reporting Period, the growth in demand for container shipping together with the replacement and renewal requirements for the massive existing container fleet drove a steady rebound in new container sales across the industry in the second quarter, reversing the downward trend seen in the first quarter, while prices also stabilised simultaneously. During the Reporting Period, the Group’s container manufacturing business achieved growth in both production and sales volume. In particular, the accumulated sales volume of dry containers reached 1.1385 million TEUs, representing a YoY increase of approximately 1.12%; meanwhile, benefiting from the bountiful harvest of fresh fruits in South America and the harvest season in the Northern Hemisphere, sales volume of reefer containers reached 108,200 TEUs, representing a YoY increase of approximately 17.61%. During the Reporting Period, the container segment recorded revenue of RMB21.920 billion, representing a YoY increase of 0.85%, and net profit of RMB272 million, mainly affected by the YoY decline in the price of standard containers and exchange rates. Logistics Services Business: During the Reporting Period, the multimodal transport market environment gradually improved, particularly the container shipping market, where freight rates continued to rise since March. During the Reporting Period, the segment achieved revenue of RMB13.945 billion, representing a YoY increase of 2.70%, and net profit of RMB240 million, representing a YoY increase of 18.81%. CIMC Wetrans actively captured the upward trend by deepening customer relationship management, optimising product mix, accelerating overseas expansion and strengthening operational efficiency. During the Reporting Period, the proportion of direct customers in the sea transportation business continued to increase; the port logistics business added route, extra sailing and vessel space agency services for multiple leading shipping companies; the industry logistics business added new cold chain equipment deployment, with cold chain business volume increasing by 14% YoY; the customer structure of the air transportation business continued to be optimised, with business volume increasing by 11% YoY; and the service network of the land transportation business continued to expand. CIMC Wetrans ranked TOP 13 in the 2026 Top 50 Ocean Freight Forwarders list issued by Transport Topics, an authoritative magazine in the global logistics industry, up one place from last year and ranking fifth among Chinese enterprises. Road Transportation Vehicles Business: During the Reporting Period, CIMC Vehicles achieved revenue of RMB10.737 billion, representing a YoY increase of 10.09%, and net profit of RMB356 million. Among them, the global semi-trailer business achieved revenue of RMB7.602 billion, representing a YoY increase of 9.79%. In 2026, CIMC Vehicles continued to extend the production and marketing models of the StarLink Project to more product lines and regions, deepening ecosystem cooperation while improving efficiency and reducing costs. The core production efficiency of the semi-trailer business under the StarLink Project continued to improve, and its domestic market share remained No. 1 for seven consecutive years. In overseas markets, revenue and sales volume in the Global South increased significantly, while gross profit margin remained basically flat due to fluctuations in ocean freight rates; production in the European market recovered, while freight rates and equipment orders in the North American market showed marginal improvement in the second quarter. The market share of core DTB products further increased, with a total of 13,238 truck bodies products products sold. Meanwhile, sales volume of EV-DTB truck bodies products for new energy heavy-duty trucks increased significantly, with deliveries of EV-DTB dump truck and mixer truck truck bodies products continuing to rise. The pure electric tractor and trailer business officially established the world’s first EV-RT offline experience center. Airport Facilities & Logistics Equipment / Fire Safety & Rescue Equipment Business: During the Reporting Period, revenue amounted to RMB3.357 billion, representing a YoY increase of 7.58%; net profit amounted to RMB71 million, representing a YoY decrease of 11.25%, mainly due to exchange rate fluctuations. During the Reporting Period, orders on hand maintained steady growth. The airport facilities and logistics equipment business secured a series of major benchmark orders, including boarding bridge projects worth hundreds of millions of RMB for Paris Airport and Orly Airport in France, as well as bulk orders for A380 catering vehicles in Singapore, further enhancing its global competitiveness. The logistics automation business successfully implemented multiple e-commerce projects in Southeast Asia, and also secured new orders and contracts in newly expanded industries such as State Grid and China Tobacco. The operating results of the fire safety and rescue equipment business showed significant improvement, with the successful securing of a major procurement order for 13 dual-boom water tower fire trucks under the national government subsidy-funded project for hazardous chemical emergency rescue teams. Cumulative new orders reached RMB1.675 billion, achieving steady growth. II. In the Energy Industries Field In respect of the energy, chemical and liquid food equipment business, revenue amounted to RMB13.396 billion, representing a YoY increase of 2.98%; net profit amounted to RMB480 million, representing a YoY increase of 4.35%. Among them, CIMC Enric achieved revenue of RMB12.87 billion, representing a YoY increase of 2.0%; newly signed orders amounted to RMB13.71 billion, representing a significant YoY increase of 27.7%; and as at the end of June, orders on hand amounted to RMB31.77 billion, representing a YoY increase of 8.9%. Specifically, revenue of the clean energy segment grew steadily. Benefiting from expanding demand in areas such as semiconductors and off-grid distributed power generation, the segment delivered electronic specialty gas clean gas cylinders (Y-type cylinders) and specialty tube skid containers in batches, and launched new hydrogen-rich power generation module products. CIMC Enric successfully delivered an integrated LNG liquefaction plant in Indonesia, while implementing its third benchmark steelmaking coke integrated project — the Shougang Shuicheng Steel project in Liupanshui, Guizhou. It also secured newly signed domestic Panzhihua Iron and Steel projects and its first overseas steelmaking coke integrated project with Tsingshan in Indonesia. In the hydrogen energy field, it contributed to the construction of Hong Kong’s first commercial building hydrogen energy charging station and launched China’s first 20-foot Type IV cylinder hydrogen tube skid container. During the Reporting Period, the clean energy segment recorded newly signed orders of RMB10.61 billion, representing a YoY increase of 18.3%, among which newly signed orders for waterborne clean energy reached RMB4.535 billion, representing a significant YoY increase of 40.1%, with shipbuilding orders scheduled through 2029. The chemical and environment segment benefited from the recovery of the chemical industry and high-growth industries such as semiconductors, with demand for tank containers improving, while the medical equipment components business maintained steady growth. As at the end of June 2026, orders on hand increased by 86.8% YoY to RMB1.57 billion. The liquid food segment focused on the non-alcoholic beverage and new consumption sectors, successfully securing and signing multiple turnkey projects, including projects for Japanese breweries and Chinese whisky distilleries. Cumulative newly signed orders reached RMB1.44 billion, representing a strong YoY increase of 108.4%. In respect of the offshore engineering business, benefiting from the cost advantages of deepwater locations, the deepwater offshore engineering market for FPSO/FLNG continued to strengthen. CIMC Raffles, the main operating entity, achieved an important breakthrough in the international high-end offshore engineering general contracting market by signing China’s first FPSO EPCIC general contracting contract, further enhancing its industry competitiveness. During the Reporting Period, revenue amounted to RMB7.935 billion, representing a YoY decrease of 0.98%; net profit amounted to RMB718 million, representing a YoY increase of 155.52%. In terms of market orders, new orders amounted to US$3.2 billion during the Reporting Period, a substantial increase from US$106 million in the same period last year. As at the end of June, CIMC Raffles had cumulative orders on hand of US$7.62 billion, reaching a record high. In terms of project construction and delivery, in January, the PCTC with a capacity of 7,000 vehicles, “NOCC ADRIATIC”, constructed for a Norwegian shipowner, was delivered 70 days ahead of its contractual delivery schedule; in February, the Norse Energi, the world’s largest fully DC wind turbine installation vessel in terms of lifting capacity, completed its seaworthiness delivery; in March, construction commenced on the first vessel of a new generation of seabed rock dumping vessels built for Van Oord, a leading Dutch offshore engineering company; in April, the fore-body module of the P85 hull was slid onto a barge at the Haiyang base, laying a solid foundation for the subsequent successful major assembly of the P85 project; in May, construction of the VLCC tanker officially commenced, entering the substantive construction stage; and in June, the main upper module structure of the project constructed for Golar was successfully capped, marking a key milestone in the project’s construction. In respect of the offshore engineering asset operation and management business, all offshore engineering assets of the Group currently under lease have been operating normally under their respective lease contracts, and the Group continued to provide high-quality services to customers. Benefiting from the successful lease of the Blue Whale No. 1 platform, increased prices upon the renewal of contracts for multiple drilling platforms, and lower operating costs resulting from refined management, operating profit improved during the Reporting Period. During the Reporting Period, the sixth-generation semi-submersible drilling platform “Deepsea Yantai” secured a new drilling contract, injecting momentum into revenue growth; the semi-submersible lifting/life support platform Blue Gretha successfully arrived at its designated operating area to provide high-quality services to clients. Meanwhile, several semi-submersible drilling and life support platforms and other offshore engineering assets of the Group actively pursued new contracts. Future Development and Prospects The management of the Group stated, “2026 is the first year of the ‘15th Five-Year Plan’. The Group will be based on the new development stage, closely follow national policy guidance, and closely focus on ‘focusing on high-quality development and cultivating new growth drivers’. With a more proactive strategic approach, we will cultivate new opportunities and open up new prospects amid complex changes, striving to build ‘a high-quality and respected world-class enterprise’.” About China International Marine Containers (Group) Co., Ltd. The CIMC Group is a world-leading equipment and solution provider in the logistics and energy industries, and its industry clusters mainly cover the logistics and energy fields. In the logistics field, the Group has established a general transportation equipment portfolio covering “sea, land and air”: its container manufacturing business provides key circulation equipment for the container shipping industry; its road transportation vehicles business connects the arteries of land transportation; its airport facilities and logistics equipment/fire safety and rescue equipment businesses expand into aviation hubs and specialised scenarios; its logistics services business provides professional services across the entire-value chain; and its recycled load business provides professional supporting services. In the energy field, the Group is principally engaged in the energy, chemical, and liquid food equipment business and offshore engineering business. Meanwhile, the Group also continuously develops emerging industries and has finance and asset management businesses that serve the Group itself. As a diversified multinational industrial group serving the global market, CIMC has over 300 member enterprises across Asia, North America, Europe, and Australia, with a total of four listed companies, and customers and sales networks covering more than 100 countries and regions worldwide. In 2025, the Group recorded revenue of RMB 156.6 billion, ranking 154th on the 2025 Fortune 500 China list. The Group has maintained the world’s No.1 position for many consecutive years in core products such as standard dry containers, reefer containers, tank containers and semi-trailers. For more information, please visit http://www.cimc.com/.
  6. FinanceCALB (03931.HK) Reports Strong Growth in 1H 2026 Results, with Net Profit Increasing Significantly Year-on-Year by 102.2%CALB Group Co., Ltd. (“CALB” or the “Company”, stock code: 3931.HK) announced its unaudited condensed consolidated interim results for the six months ended June 30, 2026 (the “Reporting Period”). During the Reporting Period, the Company recorded revenue of approximately RMB27.08 billion, representing a year-on-year increase of 65.0%, and net profit of approximately RMB1.52 billion, representing a year-on-year increase of 102.2%. The strong growth in the Company’s results was mainly attributable to the expansion of new customers and application scenarios, as well as the continued ramp-up of new products across passenger vehicles, commercial vehicles and energy storage, driving sustained growth in business scale. According to statistics from leading industry organizations, global power battery installations reached 608.5GWh in the first half of 2026, representing a year-on-year increase of 20%, while global energy storage cell shipments reached 467.84GWh, up 94.76% year-on-year, reflecting the continued rapid growth of the global new energy industry. In recent years, CALB has continued to advance its two core businesses of power batteries and energy storage, while expanding into application scenarios including new energy vessels, low-altitude mobility and robotics. With continued innovation in technologies and products and further expansion into domestic and overseas markets, the Company’s business portfolio has continued to broaden. Broad Coverage of Mainstream Automakers, with Global Power Battery Market Share Continuing to Rise In the passenger vehicle segment, CALB’s customer portfolio has continued to optimize, with broad coverage of mainstream automakers and steady progress in its premium and internationalization strategies. The Company has become a strategic partner in platform-based battery systems including Huawei’s Giant Whale Battery and Xiaomi’s Dragon Armor Battery, providing core power battery solutions for a range of vehicle models and series, including the LUXEED R7, LUXEED RX, SAIC Z7, and Xiaomi SkyNomad N70 Max and N90 Max, covering both LFP and ternary battery chemistries. CALB’s “UP super-charged” batteries, with their strong and stable fast-charging performance, are exclusively supplied for flagship models including the XPeng GX and G9L, and across the XPeng MONA lineup. During the reporting period, CALB provided stable power battery supplies for customers including XPeng, Huawei, GAC and Leapmotor, while supporting global vehicle models from customers including Toyota and Mazda. New overseas platform projects with Volkswagen and Hyundai are progressing rapidly, and the power battery plant jointly established with Leapmotor is expected to commence operations soon. CALB’s passenger vehicle power battery supply volume continued to grow, with overseas installations increasing by 84% year-on-year, reflecting an accelerated global expansion. In the commercial vehicle segment, CALB’s battery shipments increased by 225% year-on-year in the first half of 2026, with 206 newly announced vehicle models. The Company’s market share in both China and globally continued to increase, while cooperation with major heavy- and light-duty commercial vehicle customers including Sinotruk, XCMG, SANY, SHACMAN, Chery, Geely and Dongfengcontinued to expand, driving further market penetration. CALB’s commercial vehicle business is evolving from battery product sales toward full life-cycle value operations in the new energy commercial vehicle sector. Heavy-duty commercial applications, including heavy trucks and construction machinery, have become key components of the Company’s commercial vehicle business. An integrated “vehicle-battery-charging station-cloud” ecosystem for commercial vehicle applications is gradually taking shape, while business models including battery banking and financial leasing have been successfully piloted. Demonstration projects in green mines and zero-carbon ports have also received strong recognition from customers. Utility-Scale Energy Storage Maintains Leading Position, with Overseas Business Gaining Momentum CALB’s ESS business also maintained healthy growth momentum. In the first half of 2026, the Company ranked among the global top four in utility-scale energy storage, with steadily increasing shipments and continued growth in overseas installations. In the power energy storage segment, cooperation with major energy companies including SPIC, Huadian, Datang and China Three Gorges Renewables continued to progress. CALB also worked with leading system integrators such as Sungrow and Huawei, as well as supply chain partners and end users, to advance technological, product and application innovations across multiple scenarios, reduce operating costs of power systems and improve overall returns.In the zero-carbon ecosystem, the Company has actively explored new business models and made key progress in emerging strategic areas including direct green power supply and zero-carbon cities. Building on these initiatives, CALB is also advancing the development of source-grid-load-storage integration and virtual power plant platforms, while exploring pathways toward city-level zero-carbon development. Meanwhile, CALB has actively expanded its residential and commercial and industrial energy storage businesses, securing project nominations from multiple leading customers and achieving stable deliveries, with market performance ranking among the industry leaders. In emerging areas such as AIDC, the Company has been actively exploring energy storage technologies and product solutions, and has completed the development of 6C high-rate energy storage systems to address the backup power requirements of AIDC applications.To advance its internationalization strategy and further enhance profitability, CALB has accelerated its overseas expansion and achieved positive progress. During the reporting period, the Company’s next-generation 600Ah+ ESS cells entered mass production at scale to meet overseas application requirements. Its liquid-cooled containerized energy storage systems have been deployed and delivered in high-value markets including Europe, Japan and the United States. Its residential and commercial and industrial energy storage products now cover multiple overseas markets, with cooperation established with customers in more than ten countries and regions. Expanding into Multiple Emerging Scenarios, with AI Driving a New Wave of Innovation Beyond the two major application areas of new energy vehicles and energy storage, CALB has actively expanded into emerging application scenarios based on its development philosophy of “shared technology platforms and shared product platforms.” In the new energy vessel sector, the Company has obtained certifications from major international classification societies including DNV, ABS, BV, RINA and CCS, and projects including China’s first CCS-certified carbon-fiber electric official vessel have successfully commenced operations. In the low-altitude mobility sector, CALB’s high-energy cylindrical cells achieve an energy density of up to 310Wh/kg and have secured exclusive nomination for customers’ key aircraft models. Its next-generation 360Wh/kg high-nickel, silicon-carbon cylindrical batteries are gradually entering the preparation stage for commercialization. In the robotics market, high-performance battery products are expected to enter mass deliveries, while 10Ah-class all-solid-state batteries are expected to enter their initial stage of commercial application. Notably, CALB is building new capabilities for AI-driven R&D, manufacturing and operations under its “AI + Energy” strategy. On the R&D side, the Company is exploring the integration of AI with materials science and simulation computing to accelerate breakthroughs in new products. In manufacturing, CALB is integrating AI with industrial big data to drive the evolution of its production lines toward greater intelligence. In operations, the Company is promoting deeper integration of data and intelligent agents to enhance management and decision-making efficiency. By continuously strengthening its capabilities in data, computing power and AI models, CALB is gradually building an intelligent foundation for enterprise operations. From premium expansion in passenger vehicles, to volume growth and business model innovation in commercial vehicles, and accelerated expansion into global energy storage markets and early positioning in emerging markets, CALB has established a multi-layered and progressively expanding growth profile.Against the backdrop of continued strong momentum in the new energy industry, CALB expects its market share and profitability to enter an accelerated growth phase as its customer mix continues to improve and global delivery capabilities are progressively strengthened, further enhancing its global competitiveness and industry influence. About CALB CALB (3931.HK) is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage. Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities.
  7. FinanceCIMC Group Announces 2026 Interim ResultsFinancial Highlights RMB (million) 1H2025 1H2026 1Q2026 2Q2026 Quarter-on-Quarter Change Revenue 76,090 78,913 32,664 46,249 +42% Operating Profit 2,817 1,962 607 1,355 +123% Foreign Exchange Losses 47 803 228 574 The expanded loss is attributable to the expansion of business scale. Pre-FX Loss Operating Profit [1] 2,864 2,764 835 1,929 +131% Profit Before Income Tax 2,798 1,969 615 1,353 +120% Gross Profit 9,643 9,380 3,770 5,611 +49% Gross Profit Margin 12.67% 11.89% 11.54% 12.13% +0.6pct Net Profit 1,764 1,373 412 961 +133% Net Profit Attributable to Shareholders and Other Equity Holders of the Company [2] 1,278 740 209 531 +154% Notes: 1. Pre-FX Loss Operating Profit = Operating Profit + Foreign Exchange Losses 2. Net profit attributable to shareholders and other equity holders of the Company, with interest on perpetual bonds of approximately RMB47.8 million Results Highlights 1. Profitability of energy-related businesses continued to be released, with net profit increasing by RMB1.36 billion: The combined net profit of the offshore engineering segment and the finance and asset management segment (mainly drilling rig leasing) increased by approximately RMB1.339 billion, while that of the energy, chemical and liquid food equipment segment increased by RMB20 million. Among them, the gross profit margin of the offshore engineering segment increased by 10.1 percentage points year-on-year (“YoY”) to 20.9%, with net profit reaching RMB718 million, making it the Company’s largest profit-generating segment. The finance and asset management segment successfully turned losses into profits, with a net profit margin of 9.8%. As at the end of June, total orders on hand amounted to approximately RMB83.6 billion, with production schedules extending to 2030: orders on hand for the offshore engineering and energy, chemical and liquid food equipment segments amounted to US$7.62 billion and RMB31.77 billion, respectively. In particular, CIMC Raffles secured one FPSO and one FLNG EPCIC / EPC general contracting order during the year, making it the first offshore engineering enterprise in China with dual-project general contracting capabilities (EPCIC / EPC). Benefiting from rising demand for increased deepwater oil and gas production, new orders accelerated in the third quarter. 2. Double breakthroughs in modular data center deliveries and orders: The modular data center business recorded explosive growth, with revenue increasing by more than five times YoY. During the Reporting Period, new contracts were signed for 200MW of cloud computing and AI computing power data center projects. 3. Logistics-related businesses consolidated their industry positions, with demand bottoming out and recovering quarter-on-quarter: Core products including standard dry containers, reefer containers, chemical tank containers and semi-trailers maintained their global No. 1 positions. During the Reporting Period, the overall gross profit margin declined due to exchange rate fluctuations and pressure on demand, while demand for containers, road transportation vehicles, airport facilities and logistics equipment, and recycled load bottomed out and recovered quarter-on-quarter. 4. Interest expenses continued to be optimised, with a more robust financial structure: As at the end of Reporting Period, interest-bearing debt amounted to RMB34.8 billion, down RMB6.4 billion from the end of June 2025, with the interest-bearing debt ratio at approximately 20%. Benefiting from the optimisation of financing rates and scale, net interest expenses decreased by approximately RMB218 million YoY during the Reporting Period, and the financial structure continued to be optimised. HONG KONG, August 28, 2026 - China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039.SZ/02039.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2026 (the “Reporting Period”). The management of CIMC Group stated that in the first half of 2026, global changes unseen in a century accelerated, geopolitical conflicts reshaped the energy and trade landscape, while global merchandise trade demonstrated resilience amid fluctuations. Against a backdrop of opportunities and challenges, the Group closely followed the main business tone of “focusing on high-quality development and cultivating new growth drivers”, coordinated the reasonable growth of “quantity” and the effective improvement of “quality”, and, leveraging its diversified business portfolio and global operating platform, mitigated fluctuations in individual regions to achieve steady and high-quality development. In the first half of 2026, the Group achieved revenue of RMB78.9 billion and net profit of RMB1.37 billion, while net profit attributable to shareholders and other equity holders of the Company amounted to RMB740 million. During the Reporting Period, domestic revenue accounted for approximately 53.62%, while overseas revenue accounted for approximately 46.38%, maintaining a balanced market structure. To effectively safeguard shareholder value and convey confidence in long-term development, the Company repurchased H Shares amounting to approximately HKD173 million during the first half of 2026, with approximately 19.28 million H Shares repurchased in aggregate. As at the end of June, the Company had completed the implementation of its 2025 H Share repurchase plan. Meanwhile, to further enhance shareholder confidence, the Company announced in July 2026 its plan to repurchase a portion of its H Shares, with the total repurchase amount not exceeding HKD173 million. In respect of A Shares, the Company recently announced a proposal to change the use of the A Shares repurchased in 2023 and cancel such shares and reduce its registered capital, namely, to cancel the 24.65 million A Shares repurchased by the Company in 2023 and correspondingly reduce the registered capital of the Company, thereby adopting multiple measures to safeguard the interests of its investors. Segments Results (RMB million) 1H2026 Business Indicators Revenue % of Total Revenue Gross Profit % of Total Gross Profit Gross Profit Margin Net Profit Container manufacturing 21,920 27.78% 1,827 19.48% 8.34% 272 Road transportation vehicles 10,737 13.61% 1,551 16.53% 14.44% 356 Energy, chemical, and liquid food equipment 13,396 16.98% 1,962 20.92% 14.65% 480 Offshore engineering 7,935 10.06% 1,659 17.69% 20.91% 718 Airport facilities and logistics equipment, fire safety and rescue equipment 3,357 4.25% 706 7.52% 21.03% 71 Logistics services 13,945 17.67% 910 9.70% 6.53% 240 Finance and asset management 1,710 2.17% 287 3.06% 16.77% 167 The above major segments 72,999 92.52% 8,902 94.90% 12.19% 2,304 Core Business Performance 1. In the Logistics Field Container Manufacturing Business: During the Reporting Period, although global trade continued to face adverse factors such as high inflation and geopolitical frictions, the growth of global merchandise trade continued to maintain a certain degree of resilience. According to Container Trades Statistics, global container trade volume increased by approximately 5.2% YoY in the first half of 2026, mainly benefiting from the growth of trade related to the global technology industry. Meanwhile, the low efficiency of container shipping caused by the blockage of the Strait of Hormuz, disruption to the resumption of shipping routes in the Red Sea and port congestion supported demand for containers. During the Reporting Period, the growth in demand for container shipping together with the replacement and renewal requirements for the massive existing container fleet drove a steady rebound in new container sales across the industry in the second quarter, reversing the downward trend seen in the first quarter, while prices also stabilised simultaneously. During the Reporting Period, the Group’s container manufacturing business achieved growth in both production and sales volume. In particular, the accumulated sales volume of dry containers reached 1.1385 million TEUs, representing a YoY increase of approximately 1.12%; meanwhile, benefiting from the bountiful harvest of fresh fruits in South America and the harvest season in the Northern Hemisphere, sales volume of reefer containers reached 108,200 TEUs, representing a YoY increase of approximately 17.61%. During the Reporting Period, the container segment recorded revenue of RMB21.920 billion, representing a YoY increase of 0.85%, and net profit of RMB272 million, mainly affected by the YoY decline in the price of standard containers and exchange rates. Logistics Services Business: During the Reporting Period, the multimodal transport market environment gradually improved, particularly the container shipping market, where freight rates continued to rise since March. During the Reporting Period, the segment achieved revenue of RMB13.945 billion, representing a YoY increase of 2.70%, and net profit of RMB240 million, representing a YoY increase of 18.81%. CIMC Wetrans actively captured the upward trend by deepening customer relationship management, optimising product mix, accelerating overseas expansion and strengthening operational efficiency. During the Reporting Period, the proportion of direct customers in the sea transportation business continued to increase; the port logistics business added route, extra sailing and vessel space agency services for multiple leading shipping companies; the industry logistics business added new cold chain equipment deployment, with cold chain business volume increasing by 14% YoY; the customer structure of the air transportation business continued to be optimised, with business volume increasing by 11% YoY; and the service network of the land transportation business continued to expand. CIMC Wetrans ranked TOP 13 in the 2026 Top 50 Ocean Freight Forwarders list issued by Transport Topics, an authoritative magazine in the global logistics industry, up one place from last year and ranking fifth among Chinese enterprises. Road Transportation Vehicles Business: During the Reporting Period, CIMC Vehicles achieved revenue of RMB10.737 billion, representing a YoY increase of 10.09%, and net profit of RMB356 million. Among them, the global semi-trailer business achieved revenue of RMB7.602 billion, representing a YoY increase of 9.79%. In 2026, CIMC Vehicles continued to extend the production and marketing models of the StarLink Project to more product lines and regions, deepening ecosystem cooperation while improving efficiency and reducing costs. The core production efficiency of the semi-trailer business under the StarLink Project continued to improve, and its domestic market share remained No. 1 for seven consecutive years. In overseas markets, revenue and sales volume in the Global South increased significantly, while gross profit margin remained basically flat due to fluctuations in ocean freight rates; production in the European market recovered, while freight rates and equipment orders in the North American market showed marginal improvement in the second quarter. The market share of core DTB products further increased, with a total of 13,238 truck bodies products products sold. Meanwhile, sales volume of EV-DTB truck bodies products for new energy heavy-duty trucks increased significantly, with deliveries of EV-DTB dump truck and mixer truck truck bodies products continuing to rise. The pure electric tractor and trailer business officially established the world’s first EV-RT offline experience center. Airport Facilities & Logistics Equipment / Fire Safety & Rescue Equipment Business: During the Reporting Period, revenue amounted to RMB3.357 billion, representing a YoY increase of 7.58%; net profit amounted to RMB71 million, representing a YoY decrease of 11.25%, mainly due to exchange rate fluctuations. During the Reporting Period, orders on hand maintained steady growth. The airport facilities and logistics equipment business secured a series of major benchmark orders, including boarding bridge projects worth hundreds of millions of RMB for Paris Airport and Orly Airport in France, as well as bulk orders for A380 catering vehicles in Singapore, further enhancing its global competitiveness. The logistics automation business successfully implemented multiple e-commerce projects in Southeast Asia, and also secured new orders and contracts in newly expanded industries such as State Grid and China Tobacco. The operating results of the fire safety and rescue equipment business showed significant improvement, with the successful securing of a major procurement order for 13 dual-boom water tower fire trucks under the national government subsidy-funded project for hazardous chemical emergency rescue teams. Cumulative new orders reached RMB1.675 billion, achieving steady growth. II. In the Energy Industries Field In respect of the energy, chemical and liquid food equipment business, revenue amounted to RMB13.396 billion, representing a YoY increase of 2.98%; net profit amounted to RMB480 million, representing a YoY increase of 4.35%. Among them, CIMC Enric achieved revenue of RMB12.87 billion, representing a YoY increase of 2.0%; newly signed orders amounted to RMB13.71 billion, representing a significant YoY increase of 27.7%; and as at the end of June, orders on hand amounted to RMB31.77 billion, representing a YoY increase of 8.9%. Specifically, revenue of the clean energy segment grew steadily. Benefiting from expanding demand in areas such as semiconductors and off-grid distributed power generation, the segment delivered electronic specialty gas clean gas cylinders (Y-type cylinders) and specialty tube skid containers in batches, and launched new hydrogen-rich power generation module products. CIMC Enric successfully delivered an integrated LNG liquefaction plant in Indonesia, while implementing its third benchmark steelmaking coke integrated project — the Shougang Shuicheng Steel project in Liupanshui, Guizhou. It also secured newly signed domestic Panzhihua Iron and Steel projects and its first overseas steelmaking coke integrated project with Tsingshan in Indonesia. In the hydrogen energy field, it contributed to the construction of Hong Kong’s first commercial building hydrogen energy charging station and launched China’s first 20-foot Type IV cylinder hydrogen tube skid container. During the Reporting Period, the clean energy segment recorded newly signed orders of RMB10.61 billion, representing a YoY increase of 18.3%, among which newly signed orders for waterborne clean energy reached RMB4.535 billion, representing a significant YoY increase of 40.1%, with shipbuilding orders scheduled through 2029. The chemical and environment segment benefited from the recovery of the chemical industry and high-growth industries such as semiconductors, with demand for tank containers improving, while the medical equipment components business maintained steady growth. As at the end of June 2026, orders on hand increased by 86.8% YoY to RMB1.57 billion. The liquid food segment focused on the non-alcoholic beverage and new consumption sectors, successfully securing and signing multiple turnkey projects, including projects for Japanese breweries and Chinese whisky distilleries. Cumulative newly signed orders reached RMB1.44 billion, representing a strong YoY increase of 108.4%. In respect of the offshore engineering business, benefiting from the cost advantages of deepwater locations, the deepwater offshore engineering market for FPSO/FLNG continued to strengthen. CIMC Raffles, the main operating entity, achieved an important breakthrough in the international high-end offshore engineering general contracting market by signing China’s first FPSO EPCIC general contracting contract, further enhancing its industry competitiveness. During the Reporting Period, revenue amounted to RMB7.935 billion, representing a YoY decrease of 0.98%; net profit amounted to RMB718 million, representing a YoY increase of 155.52%. In terms of market orders, new orders amounted to US$3.2 billion during the Reporting Period, a substantial increase from US$106 million in the same period last year. As at the end of June, CIMC Raffles had cumulative orders on hand of US$7.62 billion, reaching a record high. In terms of project construction and delivery, in January, the PCTC with a capacity of 7,000 vehicles, “NOCC ADRIATIC”, constructed for a Norwegian shipowner, was delivered 70 days ahead of its contractual delivery schedule; in February, the Norse Energi, the world’s largest fully DC wind turbine installation vessel in terms of lifting capacity, completed its seaworthiness delivery; in March, construction commenced on the first vessel of a new generation of seabed rock dumping vessels built for Van Oord, a leading Dutch offshore engineering company; in April, the fore-body module of the P85 hull was slid onto a barge at the Haiyang base, laying a solid foundation for the subsequent successful major assembly of the P85 project; in May, construction of the VLCC tanker officially commenced, entering the substantive construction stage; and in June, the main upper module structure of the project constructed for Golar was successfully capped, marking a key milestone in the project’s construction. In respect of the offshore engineering asset operation and management business, all offshore engineering assets of the Group currently under lease have been operating normally under their respective lease contracts, and the Group continued to provide high-quality services to customers. Benefiting from the successful lease of the Blue Whale No. 1 platform, increased prices upon the renewal of contracts for multiple drilling platforms, and lower operating costs resulting from refined management, operating profit improved during the Reporting Period. During the Reporting Period, the sixth-generation semi-submersible drilling platform “Deepsea Yantai” secured a new drilling contract, injecting momentum into revenue growth; the semi-submersible lifting/life support platform Blue Gretha successfully arrived at its designated operating area to provide high-quality services to clients. Meanwhile, several semi-submersible drilling and life support platforms and other offshore engineering assets of the Group actively pursued new contracts. Future Development and Prospects The management of the Group stated, “2026 is the first year of the ‘15th Five-Year Plan’. The Group will be based on the new development stage, closely follow national policy guidance, and closely focus on ‘focusing on high-quality development and cultivating new growth drivers’. With a more proactive strategic approach, we will cultivate new opportunities and open up new prospects amid complex changes, striving to build ‘a high-quality and respected world-class enterprise’.” About China International Marine Containers (Group) Co., Ltd. The CIMC Group is a world-leading equipment and solution provider in the logistics and energy industries, and its industry clusters mainly cover the logistics and energy fields. In the logistics field, the Group has established a general transportation equipment portfolio covering “sea, land and air”: its container manufacturing business provides key circulation equipment for the container shipping industry; its road transportation vehicles business connects the arteries of land transportation; its airport facilities and logistics equipment/fire safety and rescue equipment businesses expand into aviation hubs and specialised scenarios; its logistics services business provides professional services across the entire-value chain; and its recycled load business provides professional supporting services. In the energy field, the Group is principally engaged in the energy, chemical, and liquid food equipment business and offshore engineering business. Meanwhile, the Group also continuously develops emerging industries and has finance and asset management businesses that serve the Group itself. As a diversified multinational industrial group serving the global market, CIMC has over 300 member enterprises across Asia, North America, Europe, and Australia, with a total of four listed companies, and customers and sales networks covering more than 100 countries and regions worldwide. In 2025, the Group recorded revenue of RMB 156.6 billion, ranking 154th on the 2025 Fortune 500 China list. The Group has maintained the world’s No.1 position for many consecutive years in core products such as standard dry containers, reefer containers, tank containers and semi-trailers. For more information, please visit http://www.cimc.com/.
  8. FinanceLaifual (03952.HK) Announces 2026 Interim ResultsPERFORMANCE HIGHLIGHTS Key Metrics First Half of 2026 Year-on-year Change Revenue RMB142.2 million +80.1% Gross profit RMB38.8 million +148.3% Overall gross profit margin 27.3% +7.5 percentage points Gross profit margin of harmonic reducers 29.6% +8.9 percentage points Adjusted EBITDA RMB12.4 million Surged Adjusted net loss RMB4.1 million Narrowed by 63.2% Shipment volume of harmonic reducers 239.5 thousand units +112.0% Cash as at period end RMB980.1 million Substantially increased following the Listing Gearing ratio 23.1% Improved by 148 percentage points as compared with the end of the previous year HONG KONG, August 28, 2026 - Zhejiang Laifual Drive Co., Ltd. ("Laifual" or the "Company", Stock Code: 03952.HK) announces its unaudited interim results for the six months ended 30 June 2026. The Company was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 30 June 2026, becoming the first Hong Kong-listed domestic harmonic reducer stock. Significant Growth in Results with a Clear Inflection Point in Profitability During the Reporting Period, the Company's revenue increased by 80% year-on-year to RMB142.2 million, primarily driven by the doubling of shipment volume of harmonic reducers to 239.5 thousand units. Adjusted EBITDA surged to RMB12.4 million, and adjusted net loss narrowed by 63.2% to RMB4.1 million, marking a clear inflection point in profitability. Following fundraising from the Listing, the capital structure was significantly optimised, with the gearing ratio substantially improved from 171.2% to 23.1%. Cash and cash equivalents as at the end of the period amounted to RMB980.1 million. Release of Cost Advantages with Continued Improvement in Gross Profit Margin Through a fully vertically integrated production system, ongoing process upgrades and economies of scale, the Company has built a structural cost advantage. The unit cost of harmonic reducers continued to decline. While maintaining competitive product pricing, the overall gross profit margin increased by 7.5 percentage points as compared with the corresponding period of the previous year to 27.3%, of which the gross profit margin of harmonic reducers increased by 8.9 percentage points to 29.6%. Rapid growth in shipments together with continued improvement in gross profit margin demonstrates that the Company has achieved growth in both volume and profitability through economies of scale and technological advantages. Capacity Ramp-up Leading the Industry, with Rapid Delivery Supporting Order Conversion The Company's production capacity continued to climb, with monthly capacity rapidly ramping up from 39.6 thousand units at the end of 2025 to 64.8 thousand units in July 2026, and the pace of ramp-up continuing to lead the industry. Downstream demand remained strong. The Company's capacity utilisation rate reaching as high as 95%. As of 31 July 2026, outstanding orders for harmonic reducers exceeded 400.0 thousand units, providing a solid foundation for continued future growth. Development Strategy: A Three-Pronged Drive of Capacity Expansion, R&D and Commercialisation Looking ahead, the Company will continue to promote the ramp-up of production capacity, technology upgrades and market expansion, so as to consolidate and increase its market share in China's harmonic reducer market. Capacity expansion — Approximately 55% of the net proceeds from the Global Offering is earmarked for production capacity construction. The Company will orderly advance the construction of new production lines, equipment procurement and talent allocation, targeting monthly production capacity of 80.0 thousand units by the end of 2026, thereby converting capacity scale into a market share advantage. Technology iteration — The Company will closely follow the development trend of humanoid robots towards lightweight design and high precision, continue to advance the iteration and upgrade of harmonic reducers, and further enhance the performance and cost competitiveness of its core products; at the same time, it will advance the R&D and commercialisation of products such as high-precision planetary reducers and joint modules, enhance its integrated solution capabilities, and upgrade from a harmonic reducer supplier to a provider of precision transmission solutions. Market expansion — As production capacity is released, the Company will deepen cooperation with leading customers, increase its share of supply to existing customers, and at the same time expand to other robotics and high-end equipment customers, promoting the adoption of its products in a broader range of application scenarios. The Company will accelerate its overseas market layout, enhance its overseas sales and service network, and advance product validation, adoption and order conversion among leading overseas customers. The Company will seize the development opportunities arising from the commercialisation of humanoid robots and the localisation of precision transmission, fully leverage its synergies in production capacity, cost and customers, and strive to become a global leader in precision transmission solutions, creating long-term value for Shareholders. About Zhejiang Laifual Drive Co., Ltd. Zhejiang Laifual Drive Co., Ltd. (Stock Code: 3952.HK) is a leading provider of core components for robotic precision transmission in China. It offers a comprehensive product portfolio spanning harmonic reducers, joint modules, robotic arms and automated workstations. Its products are primarily applied in humanoid robots, industrial robots, collaborative robots and other high-precision application scenarios. In terms of shipment volume in 2025, the Company had a market share of 21.4% in China's robotic harmonic reducer market, ranking second domestically. For enquiries, please contact: [email protected]
  9. Real estateUnaudited financial report for the second quarter and 6 months of 2026The main business activity of Trigon Property Development AS is real estate development. As at 30.06.2026, AS Trigon Property Development owned one development project with an area of 13.2 hectares in the City of Pärnu, Estonia. A commercial, industrial and logistics park is planned on this area. The Company’s objective is to find companies willing to bring their business activities (industry, logistics) to the development project area of AS Trigon Property Development in Pärnu, which would add value to the land plots owned by the Company. As the main purpose of the company is to sell existing land plots, investment property was recognized as inventories.
  10. FinanceLyntrisLyntris Adds Advanced Thermal Management Technology to Enable Next-Generation Sensors and Seekers in Contested EnvironmentsU.S. production line sized for rate manufacturing of advanced thermal hardware and sensors. — Lyntris, Inc. (NYSE: LYNX), a defense technology company delivering sense-to-act connectivity solutions for the modern connected battlespace, today...
  11. FinanceAGCO CorporationAGCO to Present at the 2026 Jefferies Global Industrials ConferenceCompanies: AGCOAGCO (NYSE: AGCO) today announced it will participate in the 2026 Jefferies Global Industrials Conference on Thursday, September 10, 2026. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive...
  12. FinanceDeepening Implementation of Technological Innovation, Accelerating Transformation of Productive ForcesLegend Holdings Corporation (“Legend Holdings” or the “Company”; Stock Code: 3396.HK) announced the unaudited condensed consolidated interim results for the six months ended June 30, 2026 (the “Reporting Period”). During the Reporting Period, the Company recorded revenue of RMB362.935 billion, representing a 29% year-on-year increase, primarily driven by the significant revenue growth of its subsidiaries Lenovo and Levima Advanced Materials; net profit attributable to equity holders of the Company was RMB2.230 billion, up 219% year-on-year, driven by the recovery in portfolio value of the industrial incubations and investments segment. Excluding the impact of a one-off item, net profit attributable to equity holders of Legend Holdings was RMB5.812 billion, a year-on-year increase of 834%. In the first half of 2026, Legend Holdings remained committed to technological innovation as the key driver for high-quality development and continued to enhance its distinctive technological innovation system. The Company actively drove the coordinated advancement of “anchoring diversified-industries operations in technology-focused core businesses, extending ecosystem coverage through technology innovation funds, and driving the very early-stage industrialization of forward-looking technologies.” This expedited the transformation from scientific and technological achievements into real productive forces, and drove a steady improvement in the Company's core competitiveness, with significant performance growth, laying a solid foundation for the Company’s sustainable development. RMB 10 Billion in R&D Investment, Together with a Solidified Technology Foundation During the Reporting Period, Legend Holdings’ total R&D investment exceeded RMB10 billion, a historical record high for its midyear report. Its portfolio companies continued to deliver steady growth with solid fundamentals. Lenovo capitalized on the surge in hybrid AI, with all three major business segments delivering double-digit revenue growth and reaching record highs for the same period. AI has become Lenovo’s core growth engine, with AI-related revenue increasing by 64% for the same period and accounted for 36% of Lenovo’s total revenue. Levima Advanced Materials posted significant performance growth and made breakthroughs in a number of major projects. Among them, the m-Xylylene Diisocyanate (XDI) project was listed under the National Key R&D Program. Built on Levima’s technical expertise and R&D experience, the PEEK project has entered the construction phase. Both projects are expected to be completed and put into operation in 2027, filling domestic technology gaps. Technology Ecosystem Bearing Fruit, and 12 Portfolio Companies Successfully Listed Leveraging years of dedicated efforts in technology innovation, Legend Holdings has cultivated a robust ecosystem spanning emerging and future industries. This ecosystem is now delivering tangible returns, not only driving significant performance growth for the Company, but also accumulating momentum for long-term development. During the Reporting Period, the industrial incubations and investments segment’s depth of technology asset pipeline and ability to realize value from these assets both improved. In the first half of 2026, the Legend Holdings Family Group supported the listing of 12 portfolio companies. These listed companies spanned sectors including artificial intelligence, semiconductors, advanced manufacturing, and healthcare. More than 30 additional portfolio companies are currently in the pre-listing pipeline. The Company invested in over 80 technology projects in the first half of the year across frontier fields such as artificial intelligence, quantum computing, optical interconnects, embodied artificial intelligence, chips and semiconductors, biopharmaceuticals, and commercial aerospace. To date, Legend Holdings has invested in over 300 AI-related companies. The Company has also established a systematic presence in other frontier fields, having invested in over 110 companies in pharmaceuticals and healthcare, over 60 companies in sustainable industries and future energy, and more than 50 companies in embodied artificial intelligence. Fostering Industry-Academia-Research Collaborative Innovation and Exploring New Pathways for Commercializing Original Technologies Responding to the call to “accelerate the translation from technological advances into productive forces”, Legend Holdings leverages its Forward-Looking Technology Research Institute to actively promote industry-academia-research collaborative innovation and explore new pathways for the commercialization of pioneering technologies. In the first half of the year, Legend Holdings established the Advanced Photonic Integration Joint Laboratory with a National Key Laboratory at Peking University. Together with the research team, the Company published co-authored papers and filed joint patents, while making preparations to establish a dedicated operating entity. In addition, led by the Chinese Information Processing Society of China (CIPS), and jointly initiated by Legend Holdings and other organizations, the Industry University Research Working Committee of the Chinese Information Processing Society of China was established, focusing on frontier areas of artificial intelligence. The Committee translates real-world industry needs into concrete workstreams. The Company has built a “Covalent Innovation” model that brings real-world industry needs into the earliest stages of R&D, enabling businesses and researchers to jointly set priorities and develop solutions. It aims to create a replicable pathway for translating more creative innovation into new quality productive forces. ESG Practices Gaining Authoritative Recognition, Corporate Responsibility Underpinning the Foundation for Sustainability Legend Holdings prioritizes ecological conservation and green development. Lenovo has repeatedly received authoritative recognition both domestically and internationally in the ESG field. It has retained the highest global 3A rating in the MSCI ESG Ratings and received the EcoVadis Platinum Medal, its highest distinction, for two consecutive years. It was also included in the Fortune China ESG Impact List for five consecutive years. Its green operations continued to deliver strong results: over 90% of the electricity used in Lenovo’s global operations came from renewable energy sources. More than 360 million kilograms of end-of-life products have been recovered and reused. In photovoltaic materials, Levima Advanced Materials operates two major product lines for photovoltaic adhesive film materials, EVA and POE, with an annual production capacity exceeding 350,000 tons. In new energy battery materials, the company has built a comprehensive portfolio. In green investment, Legend Holdings has invested in more than 60 companies across new energy, energy decarbonization and so on. The Legend Star CEO Training Program has been running for over 18 years, nurturing up to 1,429 startup founders with 77 listed companies, 217 national-level specialized and innovative “Little Giant” enterprises, 930 High-and New-Technology Enterprises (HNTE), and more than 460,000 jobs created. Looking ahead, Legend Holdings will continue to closely align with national strategic needs, adhere to the main thread of technological innovation driving high-quality development, steadily improve its distinctive technological innovation system, deepen its focus on technology as its core business, and accelerate the promotion of the transformation of scientific achievements into real productive forces, making unremitting contributions to Chinese modernization and self-reliance and strength in science and technology.