Prinx Chengshan Holdings Limited（1809.HK）

(Incorporated in the Cayman Islands with limited liability)

Prinx Chengshan Records Revenue of RMB5.8 Billion and Net Profit of RMB414 Million in 1H2026

Volume expansion, strategic optimisation and product upgrade bolster the Group’s longterm competitive edge amid market headwinds

(Shandong, China, Aug 18, 2026) – Prinx Chengshan Holdings Limited (“Prinx Chengshan” or the “Group”, Stock Code: 1809.HK), a China leading tire manufacturer, today released its Interim Results for the six months ended June 30, 2026. Faced with multiple challenges including volatile and rising prices of key raw materials, exchange rate fluctuations and a complex international trade environment, the Group maintained sound fundamental business performance. Amid periodical pressure on short‑term profitability, it has fully demonstrated solid operational resilience and pragmatic management capabilities.

Financial Highlights

· Tire sales volume: 14.8 million units, representing a year-on-year increase of 4.4%

· Total revenue: RMB 5.8 billion, up 1.4% year-on-year

· Gross Profit: RMB 975 million, up 2.9% year-on-year

· Profit attributable to owners of the Company: RMB 414 million, down 18.5% year-on-year

· Basic earnings per share: RMB 0.65 down 18.1% year-on-year

For the six‑months ended 30 June 2026, the Group sold approximately 14.8 million tires, representing a year‑on‑year increase of 4.4%. Revenues from all‑steel radial tires / semi‑steel radial tires / bias and OTR tires amounted to RMB 3.32 billion / RMB 2.35 billion / RMB 0.11 billion, representing year‑on‑year changes of +5.1% / ‑4.4% / +30.8%, accounting for 57.3% / 40.7% / 2.0% of the Group’s total revenue respectively.

Revenues from domestic distribution / international distribution / original equipment manufacturer (“OEM”) supporting business were RMB 1.20 billion / RMB 3.59 billion / RMB 1.00 billion., accounting for 20.8% / 62.0% / 17.2% of the Group’s total revenue respectively. Domestic market performance remained robust. Revenue from domestic distribution channels rose by 18.1% year‑on‑year and OEM supporting business revenue grew by 25.8% year‑on‑year, effectively offsetting the short‑term pressure stemming from structural adjustments to international channels.

The Group continues to pursue global production capacity deployment and technological innovation. Its two major production bases in Shandong and Thailand are operating efficiently. Construction of the new Malaysia‑based production base is progressing as planned. The first tire is expected to roll off the production line in the fourth quarter of 2026, with production capacity to be gradually released from 2027 onwards. In the meantime, the Group has completed trial production of giant‑size tires and fully established its digital‑enabled R&D system. A number of technological breakthroughs have been made in green low‑carbon materials, new‑energy vehicle tires and large‑size OTR tires. In March 2026, the Ministry of Industry and Information Technology of the People’s Republic of China officially published the list for the second batch of national enterprises with high‑grade quality management capabilities. Prinx Chengshan was awarded the “Prevention Level” designation, being the sole tire enterprise among only seven enterprises nationwide to receive this distinction.

Due to exchange‑rate fluctuations and strategic optimisation of overseas businesses, profit attributable to owners of the Company saw periodic volatility during the period. Nonetheless, the Group maintained a sound financial structure with a stable gearing ratio of 40.5% and a robust risk‑resistance foundation. Going forward, the Group will further deepen its strategies of high‑end product positioning, green transition and global expansion. Drawing on its differentiated product portfolio and global production‑capacity synergies, the Group will continuously reinforce long‑term growth momentum and create value for shareholders and society at large.

Media Contact:

Investor Relations

Prinx Chengshan Holdings Limited

Email: investor@prinxchengshan.com

Website: www.prinxchengshan.com

About Prinx Chengshan Holdings Limited

Prinx Chengshan Holdings Company Limited (Stock Code: 1809.HK) is a Cayman Islands-incorporated modern enterprise specializing in tire design, R&D, manufacturing, and sales. As one of China’s most influential tire companies, it currently operates production bases in Rongcheng, Shandong, China and Chonburi, Thailand, and is building its second overseas manufacturing base in Malaysia. The Company’s four brands—PRINX, Chengshan, Austone, and Fortune—covering all-steel radial tires, semi-steel radial tires, bias tires and off-the-road tires for passenger, commercial, industrial, agricultural, mining and specialty vehicles. Committed to innovation, Prinx Chengshan delivers green, safe tire products and premium services, advancing intelligent mobility and sustainable lifestyles worldwide.