APT ELECTRONICS (02551) announced its interim results, with revenue of 1.079 billion yuan and the new display business growing against the trend.

APT ELECTRONICS (02551) announced its interim results for the six months ending June 30, 2026, reporting revenue of RMB 1.079 billion, a decrease of 3% year-on-year; the loss attributable to shareholders of the parent company was RMB 56.309 million; and the loss per share was RMB 0.1. The Groups new display devices and module products are primarily used in high-end television sets and automotive displays for brand customers. During the reporting period, according to data from Lottu Technology, the shipment volume of brand-name televisions in China declined by 10.1% year-on-year. In this context, the Group's new display business achieved counter-cyclical growth, with sales revenue of RMB 478 million, a year-on-year increase of 34.8%, reflecting the strong market competitiveness of its products. During the reporting period, the product structure was further optimized, with a continuously increasing proportion of Mini LED products. The next-generation RGB Mini LED products rapidly entered the market in 2026, accounting for 24.8% of revenues in the new display business. Despite pressures from the external environment, the Group's new display business leveraged the core competitive advantages of Mini LED products, particularly the industry-leading position of RGB Mini LED in terms of capacity, manufacturing efficiency, and quality control, achieving revenue growth against the trend, which became the core growth engine during the reporting period. In addition, automotive-grade LED devices and modules maintained a steady growth trend, relying on technological leadership and high product reliability. The excellent performance of these businesses fully demonstrated the strategic value of the Group's collaborative layout across its three major business segments, hedging against fluctuations in the industry cycle. The Groups main business is composed of three segments: automotive intelligence vision, new display, and high-end lighting, with no change in the long-term positive trend of its core business. In the future, the Group will continue to uphold the development philosophy of innovation-driven, high-end manufacturing, promoting sustainable and stable business development through deepening vertical integration of the industrial chain, increasing technological innovation efforts, rationally expanding production capacity, and strategically positioning in high-growth areas.