Baoming Technology released its 2026 interim report. First-half operating revenue was 557 million yuan, down 15.8 percent year on year. Net loss attributable to the parent company was 21.79 million yuan, widening from a loss of 13 million yuan in the same period last year. Second-quarter revenue was 304 million yuan, down 14.2 percent year on year, while net loss attributable to the parent company was 7.76 million yuan, down 268.6 percent year on year. Total assets stood at 2.125 billion yuan, and net assets attributable to the parent company were 728 million yuan. The company's main business has not undergone major changes. It focuses on LED backlight sources and composite copper foil, with composite copper foil sales reaching 24.76 million yuan, a surge of 509.38 percent year on year. The company said it has entered the supply chains of multiple well-known enterprises and is actively responding to pressure from rising raw material prices.
Shenzhen Baoming Technology CoFirst-half net loss widened to 21.79 million yuan from 13 million yuan, with revenue down 15.8%.
