Longteng Optoelectronics: Stock price experienced abnormal fluctuations. 2026 Q1 revenue decreased by 24.84%, resulting in a net loss of 70 million yuan.

Longteng Optoelectronics announced that the closing price of the company's stock has deviated by more than 30% for two consecutive trading days, which is considered abnormal volatility. In the first quarter of 2026, the company's revenue was 452 million yuan, a decrease of 24.84% year-on-year; the net loss was 70 million yuan, a decrease of 21.77% year-on-year; the non-net loss was 72 million yuan, a decrease of 16.31% year-on-year, mainly due to the increase in prices of storage chips and tight supply, as well as pressure on demand in the consumer electronics market. Currently, the company's operations are normal, and there is no undisclosed significant information that should be disclosed. Investors are reminded to pay attention to the risks.