Lyboy: The company's overall sales revenue from the automotive touch screen business segment in 2026 may decline year-on-year.
On October 24, Laibao Hi-Tech stated in its latest disclosed record of investor relations activities that in 2026, automotive cover glass and automotive touch screens will, on the one hand, still face pressure from continuously declining product prices. The transmission effect of cutthroat price cuts in the domestic automobile market on the relevant supply chain is increasingly evident in the adverse impact on the revenue and profitability of the company's automotive touch screen product segment. In the first half of 2026, the sales volume and sales revenue of automotive cover glass have already declined to a certain extent compared with the same period last year, and in the second half of 2026, there is still pressure from price declines at present. On the other hand, they also face increasing substitution and competitive pressure brought by In Cell structure touch-display integration, which has already occupied a mainstream market position. The overall sales revenue of the company's automotive touch screen business segment in 2026 may decline year-on-year and will also have a certain adverse impact on the profitability of this business segment. Investors are kindly requested to view this objectively and rationally. For specific operating performance, please refer to the data in the periodic reports subsequently disclosed by the company.
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