Xianying Technology released its 2026 interim report, showing first-half operating revenue of 270 million yuan, down 27.2% year on year, and a loss of 18.83 million yuan, down 480.1% year on year. Second-quarter operating revenue was 144 million yuan, down 29.7% year on year, while net profit attributable to the parent swung from a loss of 10,000 yuan a year earlier to a loss of 12.58 million yuan. As of the end of the second quarter, the company's total assets stood at 1.139 billion yuan, down 0.1% from the end of the previous year, and net assets attributable to the parent were 756 million yuan, down 2.5%. The company said that due to the global consumer electronics industry adjustment, weak market demand led to a decline in main business revenue, and it will strengthen product research and development and supply chain management to address the challenges.
Fullink Technology Co. LTD.Weak market demand in consumer electronics led to revenue decline and loss.
