On September 16, CRRC Times Electric (688187.SH) addressed inquiries on the investor interaction platform regarding the sluggish growth in net profit attributable to the parent company during the first half of 2026. The company explained that this was mainly attributable to a reduction in subsidy-related revenues and elevated R&D expenditures. It plans to implement a range of strategies to bolster profitability. Notably, the company had already issued a price adjustment notice for power semiconductors in July, forecasting a price hike for relevant products in the latter half of the year. Additionally, the successful scaling up of the Zhuzhou 8-inch SiC production line is expected to underpin future business expansion.
