Grand Technology: expects net profit of about RMB 12 million in the first half of 2026, turning from a loss to a profit year over year

Qipai Technology announcement: it is expected to achieve net profit of around RMB 12 million in the first half of 2026. Compared with the same period last year, this is expected to increase by around RMB 70.6686 million, turning a loss into a profit year over year. The company’s turnaround into profit is mainly due to the recovery of the semiconductor industry cycle, with sufficient orders and improved capacity utilization. As a result, year-over-year output has increased significantly, fixed-cost allocation has been substantially diluted, and production costs have declined. At the same time, product structure has been optimized and the selling unit price has increased, improving the gross margin; together, these factors drive the performance turnaround into profit. Qipai Chuangjing, the subsidiary that mainly engages in wafer testing business, has achieved a turnaround into profit as its production capacity continues to be released.
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