China Automotive Systems reported unaudited financial results for the first half ended June 30, 2026. Net sales rose 20.1% year-over-year to a record $412.5 million from $343.3 million in the prior period. Gross profit increased 49.7% to $88.5 million with margins expanding to 21.5%. Income from operations doubled to $43.3 million, while net income attributable to common shareholders grew 98.8% to $29.3 million. Diluted earnings per share reached $0.97 compared to $0.49 previously. The company raised its full-year 2026 revenue guidance to $850.0 million. China Automotive Systems is a leading supplier of power steering components and systems in the automotive industry.