China New Energy FY26 interim net loss narrows to RMB 3.74 million; revenue drops 31.4% to RMB 16.17 million

• China New Energy posted a net loss of RMB 3.74 million, narrowing from RMB 7.8 million a year earlier.
• Revenue fell 31.4% to RMB 16.17 million, reflecting fewer sales contracts secured during the period.
• Operating loss narrowed to RMB 3.03 million; gross profit more than doubled to RMB 5.8 million.
• New contract value dropped 78.6% to RMB 6.81 million; R&D spending rose to RMB 2.6 million.
• Raised about HK$19.59 million net in a July share placing for working capital; HK$4.2 million used, HK$15.39 million unspent.

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