Wankong Intelligent Manufacturing disclosed its earnings forecast, expecting a net loss attributable to the parent company of 16 million to 21 million yuan in the first half of 2026, compared with a profit of 44.3325 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 24 million to 28 million yuan, compared with a profit of 40.0157 million yuan in the same period last year. The company is mainly engaged in the research, development, manufacturing, and sales of power distribution switch control equipment. The change in performance is mainly affected by the slowdown in macroeconomic growth and the deceleration of investment pace in downstream industries, leading to weak terminal market demand and intense industry competition, with both volume and price under pressure on the sales side. At the same time, insufficient capacity utilization has led to a higher proportion of fixed costs such as depreciation and labor, and the phased increase in some raw material prices, coupled with mismatches in procurement and sales cycles, has prevented cost pressures from being transmitted downstream in a timely manner, resulting in a year-on-year contraction in operating revenue and a significant decline in overall product gross margin.
Wecome Intelligent Manufacturing Co. Ltd.Weak terminal market demand and intense competition led to volume and price pressure, causing a loss.