On July 30, Oaks Electric announced on the Hong Kong Stock Exchange that the Group expects to record revenue of approximately RMB 17.5 billion for the six months ending June 30, 2026, and approximately RMB 20.09 billion for the same period last year; record net profit of approximately RMB 1.1 billion, compared to approximately RMB 1.87 billion for the same period last year. The decline in revenue was mainly due to continued geopolitical tension in the Middle East and weak domestic terminal consumer demand. The decline in net profit was mainly due to the continued high cost of raw materials and the continuous appreciation of RMB against major currencies, leading to a decline in the Group's gross margin and an increase in exchange losses.

On July 30, Oaks Electric announced on the Hong Kong Stock Exchange that the Group expects to record revenue of approximately RMB 17.5 billion for the six months ending June 30, 2026, and approximately RMB 20.09 billion for the same period last year; record net profit of approximately RMB 1.1 billion, compared to approximately RMB 1.87 billion for the same period last year. The decline in revenue was mainly due to continued geopolitical tension in the Middle East and weak domestic terminal consumer demand. The decline in net profit was mainly due to the continued high cost of raw materials and the continuous appreciation of RMB against major currencies, leading to a decline in the Group's gross margin and an increase in exchange losses.