Wingtech Technology H1 Revenue Down 94% YoY, Net Loss Attributable to Parent Reaches 400 Million Yuan After Business Divestiture, Focus Shifts to Semiconductors | Earnings Watch

Wingtech Technology reported H1 2026 revenue of 1.514 billion yuan, down 94.02% year-over-year, with net loss attributable to parent company turning negative to -406 million yuan, primarily due to the divestiture of its product integration business, which is no longer consolidated. The company has shifted its business focus to its core semiconductor operations, with semiconductor revenue reaching 1.486 billion yuan and a gross margin of 24.38%, of which automotive applications accounted for 38.9%.