Shanghai Laimu Electronics Co Ltd

Laimu Shares released its 2026 interim report. Total operating revenue was 820 million yuan, and net profit attributable to the parent company was a loss of 61.08 million yuan, swinging from profit to loss and down 288.51 percent from the same period last year. Net cash inflow from operating activities was 32.98 million yuan, the asset-liability ratio was 56.84 percent, gross margin was 12.10 percent, return on equity was negative 3.56 percent, and diluted earnings per share was negative 0.14 yuan. The company had 27,000 shareholders, and the top ten shareholders held 36.33 percent of total share capital.

Laimu Shares disclosed its earnings forecast, expecting a net loss attributable to the parent company of 42 million to 63 million yuan in the first half of 2026, compared with a profit of 32.3997 million yuan in the same period last year. Deducted non-recurring net profit is also expected to show a loss of 42 million to 63 million yuan, versus a profit of 28.2835 million yuan a year earlier. The company attributed the loss mainly to persistently high prices of key upstream metal raw materials such as copper, as well as exchange losses from currency fluctuations. The company is optimizing its industrial layout and product mix, with some new products already entering the market introduction and production ramp-up phase, striving to improve operational quality as soon as possible.

Laimu Electronics' controlling shareholder Fang Peijiao reduced his stake in the company by 4.26 million shares through centralized bidding, accounting for 1.00% of the company's total share capital, with a total reduction amount of 32.74 million yuan. The company achieved revenue of 332 million yuan in the first quarter of 2026, with a net loss attributable to the parent company of 35.82 million yuan.