Lianchuang Electronic disclosed its earnings forecast, expecting a net loss attributable to the parent company of 206 million to 310 million yuan in the first half of 2026, compared with a profit of 24.0939 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 208 million to 311 million yuan, compared with a loss of 32.0018 million yuan a year earlier. The company said the change in performance was mainly affected by rising memory chip prices, weakening downstream demand leading to fewer sales orders, intense competition in the consumer electronics industry keeping product gross margins low, and the company's contraction of business scale to preserve cash flow. In addition, high administrative and financial expenses, and a year-on-year decrease in government subsidies also had a certain impact on profits.
LianChuang Electronic Technology Co LtdWeakening downstream demand leading to fewer sales orders