The 2026 semi-annual report released by Jingsheng Mechanical and Electrical reveals that the photovoltaic industry is presently navigating through a cyclical downturn adjustment period. This phase has exerted a temporary influence on the company's revenue and profit margins. During the first half of the year, the company's revenue stood at RMB 3.452 billion, marking a 40.47% decrease compared to the same period last year. Meanwhile, the net profit attributable to shareholders was RMB 232 million, experiencing a significant 63.66% decline year-on-year. Nevertheless, the semiconductor business has demonstrated resilient growth, with revenue from related equipment and materials amounting to RMB 1.307 billion. The company anticipates that the annual revenue for this segment will surpass RMB 4 billion.