Jucan Optoelectronics Reports Declines in Revenue and Net Profit for First Half of 2026

Earnings
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Jucan Optoelectronics released its semi-annual report for 2026, with first-half revenue reaching 895 million yuan, down 43.83 percent year-on-year. Net profit attributable to the parent company was 77.04 million yuan, down 34.14 percent year-on-year. The company stated that the change in revenue was mainly due to a change in the gold business model, with external sales and procurement adjusted to outsourced processing. The core main business of LED chips and epitaxial wafers achieved revenue of 785 million yuan, continuing to focus on the research, development, production, and sales of gallium nitride-based blue-green and gallium arsenide-based red-yellow LED epitaxial wafers and chips. Research and development expenses for the first half totaled 54.29 million yuan, with core technology research and development continuing to advance.

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