Jiangxi Firstar Panel Technology Co Ltd

Xingxing Technology released its 2026 half-year report, with operating revenue of 652 million yuan, down 7.8 percent year on year. Net profit attributable to the parent swung from a loss of 9.36 million yuan in the same period last year to a loss of 31.57 million yuan, further widening the deficit. Net profit attributable to the parent after deducting non-recurring items went from a loss of 52.86 million yuan a year earlier to a loss of 53.56 million yuan. Operating cash flow was 10.82 million yuan, down 88.7 percent year on year. Second-quarter operating revenue was 364 million yuan, down 3.8 percent year on year, while net profit attributable to the parent swung from a loss of 2.08 million yuan a year earlier to a loss of 13.06 million yuan. As of the end of the second quarter, total assets stood at 1.589 billion yuan, down 0.8 percent from the end of last year, and net assets attributable to the parent were 900 million yuan, down 2.8 percent from the end of last year.

Star Technology announced that, due to the impact of super typhoon Maysak, the production facility of its wholly-owned subsidiary Guangxi Lima Electric Vehicle Technology Co., Ltd. in Guigang, Guangxi was flooded, leading to a temporary suspension of production and operations. In 2025, Guangxi Lima had total assets of 196 million yuan, net assets of 76 million yuan, revenue of 318 million yuan, and net profit of 27 million yuan, with its revenue accounting for 20.79% of the company's consolidated revenue. The company's other production bases are operating normally, and emergency plans have been activated. The specific property damage and the impact on 2026 performance are pending audit confirmation. Star Technology achieved operating revenue of 1.532 billion yuan in 2025, with a net loss attributable to the parent company of 31.6245 million yuan. In the first quarter of 2026, revenue was 288 million yuan, and the net loss attributable to the parent company was 18.5093 million yuan.