Baoming Technology issued an announcement, expecting a loss of 17 million to 23 million yuan for the first half of 2026. The change in performance was mainly affected by three factors: a shortage of memory chips led to reduced orders for consumer backlight products such as mobile phones and tablets, causing revenue to decline; rising prices of major raw materials for backlight products pushed up costs and lowered product gross margins; and composite copper foil products are still in the capacity ramp-up phase, with product revenue not yet sufficient to cover related expenses. In the first quarter of 2026, the company achieved revenue of 253 million yuan, with a net loss attributable to the parent company of 14.03 million yuan.
Shenzhen Baoming Technology CoMemory chip shortage reduced orders for consumer backlight products, causing revenue decline.