CHONGQING M&E (02722) issued a profit warning, expecting that the net profit attributable to shareholders in the first half of the year will increase by approximately 30% year-on-year.

Chongqing Machinery and Electric (02722) announced that the group expects a net profit attributable to shareholders for the six months ending June 30, 2026, to increase by approximately 30% compared to the same period in 2025. This growth is mainly due to the group's (i) continued improvement in lean management levels, increased profitability in the intelligent machine tool business, and growth in the scale of the wind turbine blade business leading to increased earnings, and (ii) increased investment returns in the high-power engine business and ultra-high voltage transmission and transformation business.