Jinwo Co., Ltd. (300984.SZ) announced first-half results, with net profit of RMB 28.0843 million to mother, an increase of 10.27% over the previous year

According to the Zhitong Finance App, Jinwo Co., Ltd. (300984.SZ) released the 2026 semi-annual report. During the reporting period, the company achieved operating revenue of 666 million yuan, an increase of 8.47% over the previous year. Net profit attributable to shareholders of listed companies was RMB 28.0843 million, an increase of 10.27% over the previous year. Achieved net profit of 275.25,800 yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 17.92% over the previous year. Basic earnings per share were $0.22.

According to the report, the company's bearing ring products are mainly used to produce finished bearing products in the automotive field and non-automotive fields such as construction machinery and household appliances. In recent years, the rapid development of new energy vehicles will have a great impact on the market demand for automobile bearings. It is expected that the future increase in the automotive bearing market will mainly be for new energy vehicles. In particular, the domestic automobile market is expected to continue to grow, driven by policy support and consumer demand. Overall, downstream bearing application industries such as automobiles, machinery industry, household appliances, machine tool manufacturing, and wind power equipment are developing well, and are expected to continue to drive the development of the upstream bearing and bearing ring industry.