Qingdao Evercontaining Electric Co.,Ltd reported earnings results for the first half of 2014. For the first half, the company reported aggregate operating revenue of CNY 200 million, up 158.88%. Net profit attributable to ordinary shareholders rose 122.9% to about CNY 15.29 million.

For the nine months of 2014, the company expected net profit of CNY 45 million to CNY 45.88 million, up 1,420% to 1,450% from a year ago.