Shen Zhen Australis Electronic Technology Co.Ltd.

Nanji Guang disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of 278 million yuan, down 30.11% year on year. Net profit attributable to shareholders of the listed company was 6.91 million yuan, a sharp decline of 90.51% year on year. Net cash flow from operating activities was negative 16.92 million yuan, turning from positive to negative compared with the same period last year. The sharp decline in performance was mainly affected by weak downstream consumer electronics terminal demand and shrinking order scale. At the same time, overseas business accounted for a relatively high proportion, and drastic exchange rate fluctuations brought large exchange losses that eroded profits. The company's core product, backlight display modules, achieved revenue of 275 million yuan, down 30.22% year on year, with a product gross margin of 23.72%, down 4.59 percentage points from the same period last year. By region, domestic business revenue was 39.26 million yuan with a gross margin of negative 8.73%; overseas business revenue was 236 million yuan with a gross margin of 29.12%. The domestic business incurred a loss. On the expense side, first-half selling expenses were 18.20 million yuan, up 53.91% year on year, mainly from increased sales commissions and business entertainment expenses. Financial expenses reached 13.57 million yuan due to a surge in exchange losses, compared with only negative 0.34 million yuan in the same period last year.

Nanji Guang released its 2026 half-year report, showing net profit attributable to the parent of 6.91 million yuan, down 90.5% year on year. Operating revenue was 278 million yuan, down 30.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 4.72 million yuan, down 93.4% year on year. Net operating cash flow was negative 16.92 million yuan, down 117.7% year on year. In the second quarter, net profit attributable to the parent was 670,000 yuan, down 98.5% year on year, while net profit after deducting non-recurring items showed a loss of 2.35 million yuan. The company said its LED backlight display module business was affected by macroeconomic fluctuations and weak downstream demand, causing overall operating performance to decline significantly compared with the same period last year.