Yibin Technology disclosed its earnings forecast, expecting a net loss attributable to the parent company of 75 million to 100 million yuan in the first half of 2026, compared with a loss of 27.5498 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 80 million to 110 million yuan, compared with a loss of 31.0541 million yuan in the same period last year. Basic loss per share is expected to be 0.6061 yuan to 0.8082 yuan. The company stated that the change in performance was mainly affected by intensified competition in the automotive industry and adjustments in customer structure, with declining sales prices leading to a drop in overall gross margin. At the same time, the increase in the proportion of domestic customer sales led to a rise in accounts receivable, and the expansion of bank loans pushed up financial expenses. In addition, factors such as higher inventory safety stock levels, changes in product mix, and orders from newly established subsidiaries falling short of expectations also dragged down operating performance.
Ningbo Yibin Electronic Technology Co. Ltd. Cl AExpects net loss of 75-100 million yuan in H1 2026, much wider than prior year loss, due to competition and customer mix.