Joyoung Co. reported 1H 2026 revenue 3.489 bln yuan, down 12.49% YoY; net profit attributable to shareholders 71.77 mln yuan, down 41.52% YoY; basic EPS 0.10 yuan.

China's Ministry of Finance issued a notice on further fiscal‑financial coordination to boost domestic demand. The annual cap on interest‑subsidised SME loans per borrower at a single lender is raised to 75 mln yuan from 50 mln yuan. The annual cap for service‑sector business loans per borrower at a single lender is raised to 20 mln yuan from 10 mln yuan. The annual cap on cumulative interest subsidies for personal consumer loans and credit‑card installment plans per borrower at a single lender is raised to 5,000 yuan from 3,000 yuan.

Zhaoqing XPeng New Energy Investment Co. filed a recall with SAMR (S2026M0101V) under China’s defective-vehicle regulations, effective Aug. 22, 2026, covering 264,842 vehicles. Affected units: G6 produced Apr. 7, 2023–Dec. 22, 2025 — 134,588 units; P7+ produced Jul. 23, 2024–Dec. 10, 2025 — 94,688 units; X9 produced Aug. 8, 2023–Sep. 26, 2025 — 35,566 units. Defect: interior emergency mechanical door handles have similar color to trim, reducing recognizability and operability; in severe collisions that disable the vehicle low-voltage system this may hinder rapid door opening and passenger escape. Remedy: the company will apply free warning labels at the interior emergency-handle locations to mitigate the safety risk.