Baolong Technology First-Half Revenue RMB4.684 Billion, Net Profit RMB264 Million Up 95.79%, Plans Dividend
Baolong Technology reported first-half revenue of RMB4.684 billion, up 18.59% year on year, and net profit attributable to shareholders of RMB264 million, up 95.79%. Basic earnings per share were RMB1.24. The company proposed a cash dividend of RMB3.8 per 10 shares (including tax). Growth was driven by new projects in smart suspension and ADAS, cost-control measures offsetting raw material price rises and exchange losses, and investment gains from a listed associate.
Baolong Technology disclosed its 2026 interim report, showing revenue of RMB4.684 billion for the first half, up 18.59% year on year. Net profit attributable to shareholders was RMB264 million, up 95.79% year on year. Basic earnings per share were RMB1.24. The company proposed a cash dividend of RMB3.8 per 10 shares (including tax).
During the reporting period, the company continued to expand its market presence. New projects under its intelligent suspension and ADAS product lines entered volume production, driving main-business revenue up 18.4% year on year. The company sustained lean cost-reduction efforts to mitigate the impact of rising prices for raw materials such as copper, aluminium, natural rubber, chloroprene rubber, plastic pellets, PCBs and memory chips, as well as exchange losses from the appreciation of the renminbi. A gain from the fair-value change recognition on the listing of an associate company further boosted profits.