Xingyu Automotive Lighting Systems (601799.SS) reported first-half 2026 revenue of 6.884 billion yuan, up 1.87% year on year, while net profit attributable to shareholders fell 5.26% to 669 million yuan. The company approved a cash dividend of 2 yuan per 10 shares, totaling about 56.64 million yuan, even as weaker domestic passenger-vehicle sales, underperforming supplied models and higher raw-material prices pressured results. The earnings release followed public criticism over Xingyu’s termination of contracts with 107 of 440 class-of-2026 graduates. Changzhou authorities called the consultation process crude and suspended the company’s HR director. Xingyu has also restarted its A+H dual-listing plan, adding labor practices and cost control to investor scrutiny ahead of a potential Hong Kong listing.