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China FA launches probe into alleged KFA 'inappropriate hospitality'_我的网站

A |     8月25日消息，雅迪控股今日发布2026年半年报，上半年实现营业总收入182.36亿元，同比下降5%，归母净利润12.01亿元，同比下降27.2%，营收净利双双下滑。

B |     财报显示，雅迪控股上半年毛利润32.36亿元，同比下降14%，毛利率17.7%。    (ECNS) -- The Chinese Football Association (CFA) said on Wednesday it has launched an investigation into reports that three of its staff members received "inappropriate hospitality" from the Korea Football Association (KFA) during a referee exchange visit to South Korea in 2012.    The CFA said in a statement that it takes the matter seriously and will publish its findings in due course.    South Korean media recently alleged the KFA provided sexual entertainment to foreign referees and match officials before and after seven international matches in 2011–2012, including World Cup and Olympic qualifiers.    The KFA issued a statement on Aug. 8 denying current misconduct, pledging reforms to improve transparency and restore trust, and urging that national team achievements not be undermined.                        。基本每股收益0.394元，同比下降27.4%。

C | 现金流的降幅更为明显，上半年仅16.26亿元，同比大幅下降65.6%。         截至2026年6月底，雅迪控股资产总值约305亿元，负债总额约202亿元。    销量层面，行业调研数据显示雅迪上半年销量在800万至900万台之间，继续位居行业第一。去年同期的数字是879.35万台，并且当时还是同比大增37.77%的高光时刻，今年则回落明显。     事实上，雅迪控股业绩下滑的背景是整个行业进入调整周期。    2025年12月旧国标车全面停售，行业切换新国标，3C认证项目由38项扩充到112项，单车硬件成本提升数百元，雅迪4月带头上调出厂价，每台涨300元以上。    2026年起电动两轮车又被移出国家以旧换新补贴名录，叠加前两年国补透支的需求，奥维云网数据显示上半年行业国内销量同比下滑12.6%。

D |     受行业下行影响，市场分化也更明显，雅迪、爱玛、台铃等传统头部品牌集体增长乏力，九号、小牛、极核等主打智能化的品牌逆势上涨，其中极核增速高达63.2%。               

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