As of July 19, a total of 8 A-share listed companies in Zhongshan have forecast their first-half performance, all of which are expected to see significant yearly growth in profits. Moreover, most companies are expected to double their profits.

Among them, Mingyang Smart Energy expects that the net profit attributable to shareholders in the first half will be 880 million yuan to 980 million yuan, a yearly increase ranging from 65.84% to 84.69%. The company said that in the first half, the wind power industry maintained an upward trend in the company's external sales of wind turbines compared with the same period of last year.

Tongyu Communication expects an annual profit of 62 to 72 million yuan in the first half, up 128.22% to 165.03% over the same period last year. The company's achievements will lead it to further expand its successful overseas market.

Broad-Ocean Motor is expected to make a profit of 215 to 285 million yuan, an increase of 181.65% to 273.35% over the same period last year. The company has further expanded its businesses in construction, domestic appliances, motors and vehicles, increasing the sales revenue significantly.