Dongguan Aohai Technology CoNet profit expected to drop 85.73%-78.75% YoY due to increased R&D, rising costs, competition, and FX fluctuations.

AoHai Technology hosted 57 institutions for online research on July 15, addressing the reasons for a phased decline in performance and disclosing progress in server power supplies and robotics. The company expects net profit attributable to shareholders for the first half of 2026 to be between 33.7 million and 50.2 million yuan, a year-on-year decrease of 85.73% to 78.75%, mainly due to increased strategic R&D investment, rising raw material costs, intensified market competition, and exchange rate fluctuations. In server power supplies, the company has established a full-stack layout, with the ATS 5500W product beginning small-batch shipments. Robotics-related products have achieved mass shipments, and the company has established deep cooperation with some leading clients.
Dongguan Aohai Technology CoNet profit expected to drop 85.73%-78.75% YoY due to increased R&D, rising costs, competition, and FX fluctuations.