Huaying Technology announces first half of 2026 results

On August 13, Huaying Technology announced its results for the first half of 2026. During the reporting period, the company achieved revenue of 600 million yuan, a year-on-year decrease of 16.75%; the net profit attributable to shareholders of the listed company was -450 million yuan.

During the reporting period, Huajiacai, a subsidiary that leads the panel business, achieved operating income of 546 million yuan and a net profit of -403 million yuan.

In addition, based on the overall strategic layout, Huaying Technology completed the sale of 48.92% equity of the affiliated company Fuzhao Semiconductor on June 29, 2026. The transaction amount was 35 million yuan, and the transferee was Fuzhou Huazhao Optoelectronics Co., Ltd.

Huaying Technology stated that despite the challenges in the overall market environment, the company will continue to integrate display panel and display module resources and actively expand the market for high gross profit and high value-added products.