Recently, CFMOTO released its financial results for the first half of 2026, reporting steady growth in both revenue and profit, alongside strong cash flow and asset quality. Its three core businesses—ATVs, two-wheeled ICE motorcycles, and the premium electric mobility brand ZEEHO—continued to generate growth in tandem. At the same time, the company’s global expansion, R&D capabilities and motorsport presence continued to strengthen, driving a steady improvement in overall operating efficiency and quality.

According to the financial report, CFMOTO generated operating revenue of RMB 13.386 billion in H1 2026, up 35.82% year on year, further strengthening its global operating foundation. Net profit attributable to shareholders reached RMB 1.065 billion, an increase of 6.26% year on year, demonstrating resilient profitability amid a complex external environment. In terms of operating quality, the company recorded a weighted average ROE of 13.36%, reflecting solid returns to shareholders. Net cash flow from operating activities reached RMB 2.247 billion, highlighting strong internal cash-generation capabilities, while basic earnings per share stood at RMB 6.96, up 5.78% year-on-year.

Multiple Core Businesses Deliver Broad-Based Growth

The ATV business, which remains a core pillar of the company, achieved growth in both sales volume and average selling price. Revenue from the segment reached RMB 7.146 billion in H1, outpacing the broader industry. Its export advantage remained particularly pronounced, with CFMOTO accounting for 72.47% of China’s ATV industry exports by value and maintaining its position as the leading Chinese ATV exporter for consecutive years. Orders continued to increase across the Asia-Pacific and Latin American markets, while the company further upgraded its product portfolio and market positioning in Europe and North America, strengthening its competitiveness in the premium segment.

The two-wheeled motorcycle business continued to advance in both China’s and international markets, generating revenue of approximately RMB 4 billion in the first half. In China, CFMOTO held a 24.34% market share in motorcycles above 200cc in the street motorcycle category, ranking first in the segment. The company also continued to expand into commuter mobility, opening up additional growth opportunities. Internationally, CFMOTO further deepened its presence in overseas markets, optimizing its European dealer network and product portfolio as the business entered a phase of higher-quality growth. Distribution networks in emerging markets such as Latin America and Asia were also rapidly established, supporting a steady increase in export orders.

Its premium electric mobility brand ZEEHO delivered rapid growth despite challenging market conditions. Revenue reached RMB 1.162 billion in H1, while sales exceeded 330,000 units, representing year-on-year growth of 33.15%. On the product side, ZEEHO continued to upgrade its lineup, strengthening its technological edge through high-performance models such as the AE3 and AE2, while refreshing its core lineup with new models in the AE4 series. On the channel side, ZEEHO continued its nationwide expansion, with its retail network exceeding 2,600 outlets. Penetration in key cities continued to increase, with both network quality and overall coverage improving.

R&D Investment Strengthens Long-Term Technology Advantages

Strong investment in research and development is also helping CFMOTO build long-term technological barriers. The company invested RMB 786 million in R&D during the first half, up 43.24% year on year, with R&D expenditure accounting for 5.87% of revenue.

The company continued to make progress in high-performance powertrains, electrification and intelligent technologies, while increasing the level of in-house control over key technologies. As of now, CFMOTO holds 2,315 valid patents, including 2,122 domestic patents and 193 overseas patents. Its increasingly comprehensive intellectual property portfolio provides a solid foundation for maintaining its technological edge.

Global Manufacturing Network Continues to Expand

CFMOTO is also further strengthening its global manufacturing footprint, establishing a multi-location production network designed to provide regional support and coordinated capacity. Delivery efficiency across its overseas manufacturing facilities continues to improve. Meanwhile, ZEEHO’s dedicated production base, with planned capacity of 3 million units, is progressing rapidly. The new super factory is approaching production, laying the manufacturing foundation for the company’s long-term growth in electric mobility.

Motorsport Continues to Build Global Brand Recognition

At the brand level, CFMOTO continues to leverage international motorsport to expand its global presence. The CFMOTO V4 SR-RR achieved a top speed of 315.82 km/h, highlighting China’s growing capabilities in the development of high-performance motorcycles and strengthening CFMOTO’s position in the global premium performance motorcycle segment.

On the racing front, CFMOTO’s factory teams secured five wins and one runner-up finish in Spain’s ESBK championship, as well as a victory at Red Bull Romaniacs. In the premier Moto2 and Moto3 classes, CFMOTO-powered teams have collectively achieved eight wins and 17 podium finishes. These results provide further evidence of the brand’s performance capabilities while strengthening CFMOTO’s image as a globally competitive Chinese powersports brand.

Looking ahead, CFMOTO will continue to pursue its vision of becoming a “world-class powersports brand,” leveraging its strengths in technological development, global distribution networks and a diversified product portfolio to unlock further growth opportunities across international markets.