Appotronics has replied to the Shanghai Stock Exchange's annual report inquiry letter, disclosing that 2025 revenue was 1.709 billion yuan, a year-on-year decline of 29.32 percent. Cinema business revenue was 538 million yuan, a slight drop of 5.58 percent with stable profitability. Professional display business revenue was 275 million yuan, down 29.96 percent but still profitable. Automotive business revenue was 299.9 million yuan, plunging 52.98 percent with gross margin turning negative, posing short-term loss risks. Consumer business revenue was 442 million yuan, down 30.81 percent, with ongoing loss risks. The company's overall gross margin was 28.17 percent, edging down only 0.14 percentage points, at an upper-middle level in the industry. It is addressing loss risks through differentiated technology, optimizing product mix, and cost reduction and efficiency improvement measures.
Appotronics Corp LtdRevenue declined 29.32% with automotive and consumer businesses facing loss risks due to plunging sales.