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Shenzhen Zowee Tech Co Ltd

Shenzhen Zowee Technology Co., Ltd. is a Chinese company engaged in the research, development, manufacturing, and sales of network communications, consumer electronics, and smart hardware products in China and internationally. Its offerings include routers, ONU, DSL, CPE, modules, and imaging products, as well as cell phones, smart wearables, and smart office devices. The company also provides hardware ecosystems such as AR and VR, and energy storage ecosystems. Its products are used in mobile terminal customization, smart home, healthy cycling, vehicle networking, wearables, and video imaging applications. Formerly known as Zowee Technology Development Co., Ltd., it changed its name to Shenzhen Zowee Technology Co., Ltd. in August 2007. The company was founded in 2004 and is based in Shenzhen, the People's Republic of China.

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Zhuoyi Technology reports net loss of 65.67 million yuan in 2026 interim report

Zhuoyi Technology released its 2026 interim report, with net profit attributable to the parent company at a loss of 65.67 million yuan. The company's total operating revenue was 795 million yuan, down 8.67% from the same period last year. Net cash outflow from operating activities was 50.86 million yuan, a decline of 276.97% from the same period last year. The company's latest asset-liability ratio was 94.04%, gross margin was 9.54%, and diluted earnings per share was negative 0.12 yuan.
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Zhuoyi Technology Plans to Set Up Subsidiary with 102 Million Yuan and Introduce Investor to Inject 98 Million Yuan

Zhuoyi Technology announced plans to invest in establishing a wholly-owned subsidiary, Zhuoyi Intelligent Manufacturing Jiangxi Technology Co., Ltd., with a registered capital of 102 million yuan, comprising 42 million yuan in cash and 60 million yuan in fixed assets, with the company holding a 100% stake. After the target company is established, it plans to introduce Fengcheng Jianyi Industrial Guidance Fund Investment Center Limited Partnership to increase its capital and expand its shares, with an injection amount of 98 million yuan. Upon completion of the capital increase, the registered capital of the target company will rise from 102 million yuan to 200 million yuan, with the company holding a 51% equity stake and the investor holding 49%, while the target company remains within the company's consolidated reporting scope. The company stated that this external investment is a prudent decision based on factors such as operating costs and locational advantages, which will help strengthen core competitiveness and build a more competitive global consumer electronics brand.
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Zhuoyi Technology narrows first-half loss, cross-border e-commerce revenue up about 160%

Zhuoyi Technology disclosed its 2026 first-half performance forecast, expecting a net profit attributable to shareholders of the listed company of negative 60 million to negative 41 million yuan, a year-on-year improvement of 23.46% to 47.69%, with operating losses narrowing significantly from the same period last year. The company is advancing its dual-engine strategy of high-end smart manufacturing plus cross-border e-commerce going global, shrinking low-efficiency businesses and focusing on network communications and smart hardware tracks, leading to a notable increase in overall gross margin. Cross-border e-commerce business revenue in the first half grew about 160% year-on-year, selling products such as power banks and smart speakers to markets in Europe, the United States, and Japan, forming a synergistic model of manufacturing and going global. The company is expected to gradually develop into a comprehensive smart hardware service provider.
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Zhuoyi Technology expects a loss of 41 million to 60 million yuan in the first half of 2026

Zhuoyi Technology disclosed its earnings forecast, expecting a net loss attributable to the parent company of 41 million to 60 million yuan in the first half of 2026, compared with a loss of 78.3863 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 51 million to 70 million yuan, compared with a loss of 79.3639 million yuan in the same period last year. The company stated that the main reasons for the loss are insufficient orders and high fixed costs, which prevented the release of advantages from large-scale production, as well as rising prices of electronic components that pushed up raw material procurement costs. However, by optimizing its business structure, shrinking inefficient and loss-making operations, and increasing its cross-border e-commerce layout, the company's cross-border e-commerce segment saw revenue grow by about 160% year-on-year, and overall gross margin improved significantly compared with the same period last year.
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