Shinelong Automotive Lightweight Application Limited reported unaudited interim revenue of RMB 147.57 million for the six months ended 30 June 2026, up 24.9% year on year, driven mainly by higher contributions from automotive and electrical-appliance moulds.

Net profit attributable to shareholders fell 12.3% to RMB 7.25 million as rising competition compressed gross margin to 18.0%, down 3.3 percentage points. Cost of sales increased 30.1% to RMB 120.94 million, outpacing revenue growth.

Segment breakdown shows: • Automotive moulds: RMB 114.22 million, +22.4% • Electrical-appliance moulds: RMB 24.31 million, +61.8% • Other moulds: RMB 1.32 million, –42.6% • Parts-processing services: RMB 6.56 million, +7.9%

Selling and distribution expenses rose 23.8% to RMB 3.27 million, while general and administrative costs edged up 6.5% to RMB 15.06 million. Finance costs halved to RMB 0.20 million, reflecting lower borrowings.

At 30 June 2026, total assets stood at RMB 690.88 million (–7.3% versus end-2025). Cash and cash equivalents declined 31.0% to RMB 19.33 million. Total liabilities dropped 15.1% to RMB 320.37 million, reducing the gearing ratio (interest-bearing debt/total equity) to 2.7% from 4.8%. The current ratio improved slightly to 1.6 times.

Inventory fell 3.4% to RMB 368.45 million, while trade and notes receivables decreased 16.4% to RMB 116.38 million. Contract liabilities—mainly customer advances—eased to RMB 189.66 million (–4.7%).

Management highlighted ongoing margin pressure from intense competition and high raw-material costs but intends to strengthen cost controls, pursue domestic and overseas market expansion, and explore new business opportunities. No interim dividend was declared.