Asia-Pacific H1 Revenue RMB2.759 Billion, Net Profit Up 33.7%

On the evening of August 17, Asia-Pacific disclosed its 2026 semi-annual report. In the first half of the year, the company achieved operating revenue of RMB2.759 billion, up 6.06% year-on-year; net profit attributable to shareholders of the listed company was RMB268 million, up 33.7%; and net profit after deducting non-recurring items was RMB246 million, up 34.54%. Asia-Pacific focuses on automotive basic braking systems, chassis electronic intelligent control systems, in-wheel motors, and wire-controlled chassis, with customers covering Volkswagen, General Motors, Honda, Nissan, and other automakers.

During the reporting period, the company developed a corner module chassis integrated control system, integrating controllers and algorithms for subsystems such as main-pin steering, in-wheel motors, EMB braking, and active suspension, forming a mass-producible corner module chassis domain controller. This system integrates multiple chassis subsystems into a unified control architecture to enhance overall vehicle performance and safety.

In the first half of 2026, Asia-Pacific launched 113 new projects, of which 54 involved automotive electronic control system products. The company newly mass-produced 98 projects, with customers including Geely Automobile, Leapmotor, Chery Automobile, Chongqing Changan, Stellantis, GAC Trumpchi, and Deepal Automobile. During the period, the automotive electronic control system business achieved revenue of RMB905 million, up 27.17% year-on-year.