Focused Photonics Hangzhou Inc

Focused Photonics disclosed its 2026 semi-annual report, with total operating revenue of 1.244 billion yuan in the first half, down 3.91% year-on-year. Net loss attributable to the parent was 86.09 million yuan, compared with a loss of 50.50 million yuan in the same period last year. Net loss after deducting non-recurring items was 104 million yuan, compared with a loss of 81.00 million yuan a year earlier. Net cash flow from operating activities was 70.12 million yuan, versus negative 113 million yuan in the prior-year period. Basic loss per share was 0.19 yuan, and the weighted average return on equity was negative 3.28%. As of August 21, 2026, 17.81% of the company's shares were pledged. The second-largest shareholder, Zhejiang Pudu Technology Co., Ltd., pledged 37.865 million shares, accounting for 73.07% of its total holdings.