Wanxiang Technology (301180.SZ) announced results for the first half of the year, changing from profit to loss of 22.5835 million yuan

According to Zhitong Finance App, Wanxiang Technology (301180.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 683 million yuan, an increase of 7.75% over the previous year. The net loss attributable to shareholders of listed companies was 22.5835 million yuan. The net loss of non-recurring profit and loss attributable to shareholders of the listed company was RMB 2.588 million.

The revenue of the consumer electronics business in the first half of 2026 was 355 million yuan, a year-on-year decrease of 15.63%. In the first half of 2026, the global consumer electronics industry as a whole operated under pressure. Affected by the continued rise in the price of memory chips, the cost and sales price of terminal products are rising at the same time, consumer demand in the terminal market is declining, downstream customers are less willing to prepare goods, and the consumer electronics-related business has been affected to a certain extent in the short term. Faced with the downward pressure on the industry, the company actively adopted a number of countermeasures, continuously optimizing the product structure, deepening quality customers, reducing costs and increasing efficiency, reliing on technological iteration and refined operation to make up for the adverse effects of falling industry demand, improving the rapid response capacity of overseas markets through production bases in Vietnam, continuously improving the global industrial layout, stabilizing the basic business operation market to the greatest extent possible, and ensuring the smooth operation of the consumer electronics business.