Bear Electric: Net profit for the first half of 2026 was 120 million yuan, a year-on-year decrease of 41.30%.

Bear Electrical Appliance announced that its operating income in the first half of 2026 was 2.349 billion yuan, a year-on-year decrease of 7.34%. The net profit attributable to shareholders of the listed company was 120 million yuan, a year-on-year decrease of 41.30%, compared to a net profit of 205 million yuan in the same period of 2025. The net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 109 million yuan, a year-on-year decrease of 41.59%. The company plans not to distribute cash dividends, not to issue bonus shares, and not to increase capital through reserves.