Guangdong Tianyu Semiconductor expects 1H net loss of RMB 104 million-RMB 123 million

• Guangdong Tianyu Semiconductor flagged a 1H2026 net loss of RMB 104 million to RMB 123 million, versus RMB 30.9 million profit a year earlier.
• Gross profit fell despite modest revenue growth, hit by lower SiC epitaxial-wafer prices amid supply-demand rebalancing, intense competition.
• Seasonal slowdown, Chinese New Year disruptions cut output, weakening fixed-cost absorption; 2Q recovery failed to offset 1H depreciation.
• Inventory write-down provision rose on lower estimated selling prices, higher inventories at June 30 versus Dec. 31, reduced benefits from prior write-down reversals.
• Other net income weakened on HKD-denominated FX losses; operating expenses climbed due to trade receivable impairment losses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guangdong Tianyu Semiconductor Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260814-12285675), on August 14, 2026, and is solely responsible for the information contained therein.