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Tonglian Precision posts first-half loss of 57.55 million yuan, revenue down 16.9% year on year
Tonglian Precision released its 2026 interim report, showing first-half operating revenue of 334 million yuan, down 16.9% year on year, and a net loss attributable to the parent of 57.55 million yuan, down 1,281.1% year on year. Second-quarter revenue was 170 million yuan, down 25.3% year on year, with a net loss attributable to the parent of 37.64 million yuan. The company said the decline was affected by factors including adjustments to the product launch schedule of a core customer, a shortage of memory chips, and a longer customer validation cycle for new business. Although revenue from emerging areas remains small at present, the company remains optimistic about its forward-looking positioning in humanoid robots, satellite communications, and AI glasses, and expects these to gradually convert into revenue at scale.