Sunwoda reports 2026 Q3 revenue of 25.28B yuan and ends H-share listing plan
Overview
Sunwoda Electronic reported third-quarter 2026 revenue of 25.284 billion yuan, up 52.78% year on year, and first-three-quarter revenue of 63.462 billion yuan, up 45.78%.
The company also said it has ended its plan to list H-shares on the Hong Kong Stock Exchange main board. It said the decision will not materially affect its daily operations or sustainable development.
At the same time, Sunwoda Power brought in Xiaomi as a strategic shareholder through a capital increase, reducing Sunwoda's stake in the unit to 22.78%. Sunwoda says the unit will leave its consolidated statements, and it expects the change to add 3.2 to 4.5 billion yuan to 2026 net profit.
Written by AI from the articles below · updated Oct 30, 7:51 AM ET
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- LeiphoneNewsSunwoda reports 63.46B yuan revenue for first three quarters and drops H-share listing plan
AISunwoda reported first-three-quarter revenue of 63.462 billion yuan, up 45.78% year on year, and third-quarter revenue of 25.284 billion yuan, up 52.78%. It also brought in Xiaomi as a strategic shareholder in its power unit, cutting its stake to 22.78% and removing the unit from consolidated statements. The company expects this to add 3.2 to 4.5 billion yuan to 2026 net profit and says it has ended its Hong Kong H-share listing plan.
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