Putian Technology issued an announcement, expecting a loss of 16 million to 32 million yuan in the first half of 2026. The company stated that the main reason for the loss is that the public network communications segment was affected by industry cycles and intensified competition, putting pressure on revenue scale and profitability. The intelligent manufacturing segment saw a decline in scale due to a cyclical drop in demand from specific customers, while rising raw material prices and increased investment in core technology research and development led to a phased decline in profitability. In the first quarter of 2026, the company achieved revenue of 844 million yuan, with a net loss attributable to the parent company of 16.57 million yuan.
Cetc Potevio Science&Technology Co LtdIntelligent manufacturing segment saw a cyclical drop in demand from specific customers, reducing revenue scale.