Aerospace Changfeng issued an announcement, expecting a first-half 2026 loss of 58 million to 62 million yuan, an increase in loss of 2.41 million to 6.41 million yuan compared with the same period last year. The company expects a net loss attributable to the parent after deducting non-recurring items of 67.02 million to 71.02 million yuan. The main reasons for the expected loss are a short-term decline in settlement of the military electronics power supply business due to product delivery delays, unimproved profitability in the infrared optoelectronics business as demand slows, and delays in market expansion caused by the postponed registration and certification of high-end medical equipment ECMO products. In the first quarter of 2026, the company achieved revenue of 77.77 million yuan, with a net loss attributable to the parent of 37.27 million yuan.
Aerospace CfExpects wider loss due to delivery delays in military electronics, slowing demand in infrared optoelectronics, and delayed ECMO certification.