In the first half of 2026, the thriving AI sector caused a supply crunch and subsequent price hikes for upstream raw materials, such as memory chips. This situation exerted pressure on the consumer electronics industry. Amidst these challenges, Goertek reported revenue of 40.046 billion yuan, marking a 6.65% year-on-year increase. This achievement was underpinned by its dual-wheel drive strategy, focusing on "precision zero components + intelligent hardware." The net profit attributable to the parent company reached 1.466 billion yuan, up 3.46% year-on-year. Meanwhile, the core net profit attributable to the parent company (excluding non-recurring items) surged by 7.96% year-on-year, reflecting a notable enhancement in the quality of core business profitability. The gross profit margin of the main business rose by 1.06 percentage points to 14.72%, continuing the trend of profit recovery observed since the second half of 2023.

In terms of business breakdown, revenue from precision zero components amounted to 7.759 billion yuan, a 2.03% year-on-year increase, with a gross profit margin of 24.86%, up 1.37 percentage points year-on-year. Revenue from intelligent hardware reached 19.893 billion yuan, accounting for nearly half of the total revenue, with strong performance across various segments, such as AI smart glasses. The gross profit margin for this segment increased by 2.1 percentage points to 13.61%, solidifying Goertek's position as a key global supplier of AI glasses. Revenue from intelligent acoustic hardware stood at 11.312 billion yuan, up 35.90% year-on-year, with its share of total revenue rising to 28.25%, becoming the primary driver of revenue growth.

Regarding R&D, Goertek invested 2.360 billion yuan, a 10.57% year-on-year increase, accounting for 5.89% of revenue. This investment enabled the company to establish technological barriers in acoustics, optics, and other fields. In intelligent manufacturing, the company leveraged AI technology based on its GPS manufacturing system and constructed three CMMM L4-level smart factories. One of these smart factories was recognized as a "Leading Smart Factory" by the Ministry of Industry and Information Technology.

In terms of technological achievements, Goertek made significant breakthroughs in optics, acoustics, smart wearables, automotive electronics, and other areas, with continuous deepening of industrial chain integration. Goertek Optics received capital injections and formed a joint venture, while the 12-inch wafer lithography and etching mass production line in Shanghai Lingang commenced operations smoothly.

At the industry level, the AI smart glasses market is experiencing rapid growth, with global shipments expected to exceed 23.687 million units in 2026. Edge AI hardware is anticipated to enter a phase of rapid development, with new product launches by leading brands in the second half of the year driving order growth, from which Goertek is well-positioned to benefit.

Additionally, the company rewarded shareholders through share repurchases and increased dividends. In January 2026, the upper limit of repurchase funds was raised to 1.5 billion yuan, and by April, approximately 1.2 billion yuan in repurchases had been completed.

Looking ahead, with its comprehensive industrial chain service capabilities, Goertek is expected to further expand its incremental space for full-year performance.