Chinese RV manufacturer New Gonow (0805.HK) released its first-half 2026 results. Revenue reached 473 million yuan, up 14.9% year-on-year. Order backlog totaled 1,852 units worth about 551 million yuan, a 26.5% increase.
Net profit declined to 8.44 million yuan (source 2 states 8.4 million yuan). The company attributes the drop to strategic investments in retail network expansion, launch of new self-propelled models, and entry into European and Canadian markets. It also signed a 20-year lease for a plant in Zhejiang province to boost production capacity.