New-Tech Technology disclosed its 2026 half-year performance forecast, estimating net profit attributable to shareholders of the parent at 16 million yuan to 24 million yuan, a year-on-year decline of 69.58% to 79.72%. The company stated that the performance decline was partly due to a proactive reduction in low-margin product business, leading to lower revenue, and a year-on-year decrease in gross margin for some products. Additionally, non-recurring gains and losses included a loss of approximately 28 million yuan from changes in the fair value of securities investments. Although the holdings are mostly high-quality assets with strong fundamentals and high dividend yields, they were affected by a temporary pullback in the capital market. Deducted non-recurring net profit is estimated at 37 million yuan to 50 million yuan, a year-on-year decline of 11.19% to 34.28%. As of the close on July 27, New-Tech Technology rose 2.08% to 4.41 yuan per share, with a total market capitalization of approximately 5.094 billion yuan.
Suntront TechNet profit forecast to drop up to 80% due to reduced low-margin business and securities investment loss of 28 million yuan.