Economic Observation Network Huamao Technology disclosed its performance forecast for the first half of 2026, with a significant year-on-year decline in net profit attributable to the parent company. At the same time, it issued a reminder announcement for convertible bond redemption.

Performance and business situation:
The company disclosed on the evening of July 14th that it expects the net profit attributable to the parent company in the first half of 2026 to decrease by 76.8% -84.53% year-on-year The announcement explains three reasons: fierce competition in the automotive industry and pressure on product prices; The ramp up of production capacity in Vietnam's new factory has led to an increase in depreciation; And the implementation of the employee stock ownership plan generated approximately 120 million yuan in share based payment expenses. The key point is that if the impact of share based payments is excluded, the expected net profit is almost the same as the same period last year 。

Convertible bond related tips:
The convertible bond "Huamao Convertible Bond" has met some redemption conditions due to the rise in the price of the underlying stock, and the company has issued relevant advisory announcements 。

The above content is based on publicly available information and does not constitute investment advice.