Suzhou Novosense Microelectronics Co. Ltd.

Naxin Micro released its 2026 interim report on August 27. The company's first-half revenue was 2.54 billion yuan, up 66.7% year on year, and net profit attributable to the parent swung from a loss of 78.01 million yuan in the same period last year to a profit of 67.59 million yuan. Second-quarter revenue was 1.4 billion yuan, up 73.5% year on year, and net profit attributable to the parent was 103 million yuan, also returning to profitability. The company's first-half net profit attributable to the parent excluding non-recurring items was a loss of 47.89 million yuan, narrower than the loss of 106 million yuan in the same period last year, while the second-quarter figure was a profit of 6.88 million yuan, already back in the black. As of the end of the second quarter, total assets were 10.513 billion yuan, up 8.6% from the end of the previous year, and net assets attributable to the parent were 7.743 billion yuan, up 1.9%. The company said its main business has not undergone major changes, remaining focused on sensors, signal chains and power management. Overseas business expansion continues to advance, customer demand is growing rapidly, and operating conditions are showing a sound growth trend.

Naxin Micro issued an announcement, expecting to achieve operating revenue of about 2.54 billion yuan in the first half of 2026, a year-on-year increase of about 66.70 percent, with net profit attributable to the parent of about 67 million yuan, an increase of about 145 million yuan compared with the same period last year, turning from a loss into a profit. After deducting non-recurring gains and losses, net profit is expected to be about negative 48 million yuan, with the loss narrowing by about 57.64 million yuan. The company said the performance growth mainly benefited from factors such as recovering domestic demand, accelerating exports in photovoltaic storage and automobiles, and surging demand for AI computing infrastructure, with shipments of related products rising substantially, while continuing to promote product research and development, enrich the product matrix, and expand overseas markets. Net profit attributable to the parent in the second quarter of 2026 is expected to be 103 million yuan, and net profit after deducting non-recurring items is expected to be 6.77 million yuan. In the first quarter of 2026, Naxin Micro achieved revenue of 1.141 billion yuan, with net profit attributable to the parent of negative 35.74 million yuan.