BEAR ELECTRIC APPLIANCE CO. (002959.SZ) 2Q26 Earnings Review: Below-expectation on weak domestic demand and operating deleverage; Neutral 17 August 2026 | 7:07AM CST Equity Research Bear reported below-expectation 2Q26 results post market close of Aug 13. Total revenue/net profit in 1H26 was Rmb2,349mn/Rmb120mn, down by 7%/41% yoy, and implying -9%/-46% yoy in 2Q (-3%/-34% vs. GSe). Management held an earnings call on Aug 14 to address key topics on demand, product/channel strategy, overseas expansion and m ...