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YIFILASER ORD A (SHH) EQSW Exp:

Wuhan Yifi Laser Corporation Limited researches, develops, designs, manufactures, and sells precision laser processing equipment and automated products. Its offerings include battery laser welding machines, battery cell and pack manufacturing machines, battery component manufacturing machines, solar cell manufacturing machines, laser welding and marking machines, laser cleaning machines, and laser welding monitoring systems. The company also provides battery assembly lines, battery recycling solutions, solar cell manufacturing lines, and intelligent logistics solutions. Founded in 2005 and based in Wuhan, China, it serves industries such as e-mobility batteries, energy storage systems, consumer electronics, intelligent logistics, household appliances, prefabricated construction, automotive components, and general hardware.

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688646.CG

Yifei Laser swings to a loss in 2026 interim report with net loss of 15.77 million yuan

Yifei Laser released its 2026 interim report, with net profit attributable to the parent company at negative 15.77 million yuan, a decrease of 33.92 million yuan compared with the same period last year, down 186.90 percent year on year, swinging from profit to loss. The company's total operating revenue was 675 million yuan, an increase of 243 million yuan year on year, up 56.18 percent, achieving four consecutive years of growth. Net cash inflow from operating activities was 298 million yuan, an increase of 380 million yuan compared with the same period last year. The company's latest asset-liability ratio was 61.02 percent, gross margin was 19.78 percent, return on equity was negative 1.11 percent, and diluted earnings per share was negative 0.17 yuan.
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ST Yifei to Resume Trading and Remove Risk Warning on August 13, Renamed Yifei Laser

ST Yifei announced that its shares will have the other risk warning removed and resume trading starting August 13, with the stock abbreviation changed from ST Yifei to Yifei Laser. The company was placed under other risk warning from May 6, 2025, after its 2024 internal control audit issued an adverse opinion. Now, the 2025 internal control audit has received a standard unqualified opinion and the impact of the relevant matters has been eliminated. The Shanghai Stock Exchange approved the removal on August 11. The company also responded to the exchange's inquiry letter regarding the 2025 annual report, disclosing that previously misused raised funds have been rectified. Twenty-five million yuan was used to purchase energy storage systems, and the remaining principal and interest of 28 million yuan have been fully returned to the raised funds special account. It confirmed that only Henan Chuanzhong was a related party in the fund flows, and this did not constitute non-operating fund transactions. In addition, the company explained that the delay of two raised investment projects to October 2026 was mainly due to multiple design adjustments in the early stage. The projects are currently in the renovation phase and are expected to be completed by the end of December 2026.
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