Huaso Technology disclosed its earnings forecast, expecting a net loss attributable to shareholders of 65 million to 90 million yuan in the first half of 2026, compared to a loss of 91.5895 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 64.5 million to 89.5 million yuan, compared to a loss of 89.7089 million yuan a year earlier. The company attributed the loss mainly to market competition and persistently high prices of key raw materials, but noted that the loss narrowed year-on-year thanks to refined management and cost reduction and efficiency improvement measures. In addition, the company obtained control of Shandong Laien Optoelectronic Technology through a transfer agreement and has included it in the consolidated financial statements since the acquisition date.
Great Chinasoft Technology Co LtdCompany expects loss due to market competition and high raw material prices.