Careplus Group publishes 2026 annual report
Bitget2026/10/27 12:32- Careplus Group's fiscal 2026 annual report showed a return to gross profitability, though the business remained loss-making.
- Commercial vehicle assembly began in July 2025, producing 292 vehicles during the year as the group expanded beyond glove manufacturing.
- The group increased its stake in NexV Manufacturing to 81% from 51% on April 7, 2026.
- Glove operations improved despite subdued demand, pricing pressure and low capacity utilization.
- Vehicle distribution was hit by bankruptcy proceedings involving NETA parent Hozon Auto; the group expanded into other automotive brands.
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