Aima Technology Says Q2 Unit Costs and Profitability Improved Quarter-on-Quarter
Aima Technology reported H1 2026 revenue of 11.44 billion yuan (down 12.21% YoY) and net profit of 665 million yuan (down 45.15% YoY), as new national standards temporarily depressed electric bicycle sales. Q2 unit costs and profitability improved sequentially. The company’s Indonesia and Vietnam factories are now operational, and it is restructuring domestic capacity by moving its Jiangsu base to Zhejiang.
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Aima Technology Accelerates Overseas Expansion, Indonesia and Vietnam Factories Now Operational
Aima Technology, a leading electric two-wheeler manufacturer, held a semi-annual performance briefing on September 21, 2026. Company executives stated that with the gradual mass production of products meeting new national standards, per-unit costs and profitability improved quarter-over-quarter in Q2 2026. The company is accelerating its overseas expansion, with production factories in Indonesia and Vietnam now operational. In the first half of 2026, Aima reported revenue of 11.44 billion yuan, down 12.21% year-on-year, and net profit attributable to shareholders of 665 million yuan, a 45.15% decline, as electric bicycle sales faced a temporary downturn during the transition to new standards. Executives noted that while electric bicycle sales were under pressure, electric two-wheeled motorcycles and three-wheeled vehicles achieved rapid growth. The company is adjusting domestic production capacity, transferring its Jiangsu base to Zhejiang Lishui and Zhejiang Taizhou, while new bases in Xuzhou (Jiangsu) and Lanzhou (Gansu) are under construction. Executives emphasized that globalization is a long-term core strategy, driven by growing electric mobility demand in Southeast Asia and supportive policies.
Read sourceAima Technology Scales Up New Standard E-Bikes, Accelerates Overseas Expansion
Aima Technology, a leading electric two-wheeler company, held a performance briefing for its 2026 semi-annual report on September 21. Executives stated that as new national standard (新国标) products achieve scaled production, the company's unit cost and profitability improved quarter-on-quarter in the second quarter of 2026. The company is accelerating its overseas expansion, with factories in Indonesia and Vietnam now operational. In the first half of 2026, Aima reported revenue of 11.44 billion yuan, down 12.21% year-on-year, and net profit of 665 million yuan, down 45.15%, due to a temporary sales decline as the industry adapted to the new standards. Operating cash flow turned negative, attributed to lower revenue and a mismatch in procurement payment cycles. Executives addressed cost pressures from the new standards, noting efforts in R&D cost reduction, supply chain coordination, and manufacturing efficiency. The company also relocated its Jiangsu production base to Zhejiang and has new bases under construction in Jiangsu and Gansu. International expansion remains a core strategy, with factories in Indonesia and Vietnam already in production.
Read sourceAima Technology Reports New Standard Products Scale Up, Accelerates Overseas Expansion
Aima Technology, a leading electric two-wheeler manufacturer, held a semi-annual earnings call on September 21, 2026, for the first half of 2026. Executives reported that as new national standard (new guobiao) products achieve scaled production, per-unit costs and profitability improved sequentially in the second quarter of 2026. The company is accelerating overseas expansion, with factories in Indonesia and Vietnam now operational. For the first half of 2026, revenue fell 12.21% year-on-year to 11.44 billion yuan, and net profit attributable to shareholders dropped 45.15% to 665 million yuan, with operating cash flow turning negative. Management attributed the declines to lower revenue and a mismatch in procurement payment cycles. The company plans to strengthen cash flow management and supply chain coordination. Executives noted that while electric bicycle sales faced pressure under the new standards, electric two-wheeled motorcycles and three-wheeled vehicles grew rapidly. Cost reduction efforts include parts standardization, material substitution, process improvements, and lean manufacturing. Production capacity has been relocated from Jiangsu to Zhejiang bases, with new bases under construction in Xuzhou and Lanzhou.
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Aima Technology Says Second-Quarter Unit Costs and Profitability Improved Sequentially
On September 21, financial data provider Jin10 reported that Aima Technology executives stated during a semi-annual performance briefing that after the full implementation of the new national standard in the first half of 2026, market demand and product structure experienced phased changes. Electric bicycle sales faced temporary pressure, while electric two-wheeled motorcycles and electric three-wheeled vehicles both achieved relatively fast growth. The company noted that its second-quarter unit costs and profitability levels had improved compared to the first quarter. Looking ahead, Aima Technology plans to continue refining its product matrix to meet diverse needs including urban commuting, trendy travel, family pick-up/drop-off, and instant delivery. The company will also persistently advance research and development cost reduction, supply chain coordination, manufacturing efficiency improvement, and channel operations.
Read sourceAima Technology Says Second-Quarter Unit Costs and Profitability Improved Sequentially
On September 21, Aima Technology executives stated during a semi-annual performance briefing that after the full implementation of the new national standard in the first half of 2026, market demand and product structure experienced phased changes. Electric bicycle sales faced temporary pressure, while electric two-wheeled motorcycles and electric three-wheeled vehicles both achieved relatively fast growth. The company reported that its second-quarter unit cost and profitability levels have improved sequentially compared to the first quarter. Looking ahead, Aima Technology plans to continue refining its product matrix to meet diverse needs including urban commuting, trendy travel, family transportation, and instant delivery. The company will also persist in advancing cost reduction through R&D, supply chain coordination, manufacturing efficiency improvements, and channel operations.
Read sourceAima Technology Says Q2 Per-Bike Costs and Profitability Improved Quarter-on-Quarter
On September 21, Aima Technology executives stated during a semi-annual performance briefing that after the full implementation of new national standards in the first half of 2026, market demand and product mix experienced phased changes. Electric bicycle sales faced temporary pressure, while electric two-wheeled motorcycles and electric three-wheeled vehicles achieved relatively fast growth. The company reported that its per-bike costs and profitability levels in the second quarter had improved compared to the first quarter. Looking ahead, Aima Technology plans to continue refining its product portfolio to meet diverse needs including urban commuting, trendy travel, family shuttling, and instant delivery. The company also intends to advance cost reduction through R&D, supply chain coordination, manufacturing efficiency improvements, and channel operations.
Read sourceAima Technology Says Q2 Unit Cost and Profitability Improved Sequentially
Aima Technology Chairman and General Manager Zhang Jian stated at a September 21 performance briefing that after the full implementation of the new national standard in the first half of 2026, market demand and product structure experienced phased changes. While electric bicycle sales faced temporary pressure, electric two-wheeled motorcycles and electric three-wheeled vehicles both achieved relatively fast growth. With the continuous iteration and scaled rollout of new national standard products, Aima Technology's second-quarter unit cost and profitability levels both improved sequentially. The company plans to continue refining its product matrix to meet diversified demands including urban commuting, trendy travel, family shuttling, and instant delivery.
Aima Technology Reports New National Standard Products Scale Up, Accelerates Overseas Expansion
Aima Technology, a leading electric two-wheeler manufacturer, held a performance briefing on September 21 for its 2026 half-year report. Company executives stated that as new national standard (New GB) products achieve scaled production, per-unit costs and profitability improved sequentially in the second quarter of 2026. The company is accelerating its overseas expansion, with production factories in Indonesia and Vietnam now operational. For the first half of 2026, Aima reported revenue of 11.44 billion yuan, down 12.21% year-on-year, and net profit attributable to shareholders of 665 million yuan, down 45.15% year-on-year. Operating cash flow turned negative. Executives attributed the declines to lower revenue and a mismatch in procurement payment cycles. They noted that while electric bicycle sales faced pressure due to the new standards, electric two-wheeled motorcycles and three-wheeled vehicles saw rapid growth. The company is focusing on cost reduction through parts standardization, material substitution, and lean manufacturing. Production capacity has been shifted from Jiangsu to Zhejiang bases, with new bases under construction in Xuzhou and Lanzhou. Globalization remains a core long-term strategy, with Southeast Asian demand driving further overseas investment.
Read sourceAima Technology Says Q2 Unit Costs and Profitability Improved Quarter-on-Quarter
On September 21, Aima Technology executives stated at a semi-annual performance briefing that after the full implementation of the new national standard in the first half of 2026, market demand and product structure experienced phased changes. Electric bicycle sales faced temporary pressure, while electric two-wheeled motorcycles and electric three-wheeled vehicles both achieved relatively fast growth. The company's second-quarter unit cost and profitability levels improved quarter-on-quarter. Going forward, the company will continue to refine its product matrix around diverse needs such as urban commuting, trendy travel, family shuttling, and instant delivery, while advancing R&D cost reduction, supply chain coordination, manufacturing efficiency, and channel operations.
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