New Gonow RV FY26 H1 profit drops 72.78% to RMB 8.44 million; revenue rises 14.9% to RMB 473 million

• New Gonow Recreational Vehicles posted a 78.38% drop in profit attributable to shareholders to RMB 6.61 million, with EPS at RMB 0.01.
• Revenue rose 14.9% to RMB 473 million, driven by higher RV sales volume; gross margin slipped 0.2 percentage points to 29.3%.
• Operating profit fell 60.15% to RMB 17.44 million, pressured by higher selling and distribution costs as its self-operated retail network expanded.
• RVs delivered climbed 10.3% to 1,508 units; Snowy River deliveries rose 17.5% to 1,466 units while NEWGEN deliveries dropped 55.8% to 42.
• Backlog reached 1,852 units with contract value A$ 117.91 million; Europe motorhome prototypes and certification targeted for completion in 2H 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Gonow Recreational Vehicles Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260831-12308540), on August 31, 2026, and is solely responsible for the information contained therein.