Sanan Optoelectronics has unveiled its financial report for 2026, revealing that the company achieved a revenue of 3.572 billion yuan in the third quarter, marking a year-on-year decrease of 26.05%. Additionally, it reported a net loss of 22.5363 million yuan, which represents a significant 74.36% reduction in losses compared to the same period last year. For the first three quarters as a whole, the company's revenue amounted to 10.039 billion yuan, experiencing a year-on-year decrease of 27.34%, and it incurred a net loss of 120 million yuan, indicating a transition from profitability to a loss compared to the previous year. The primary reason for the revenue decline was attributed to adjustments made in the precious metal scrap recycling business. However, when excluding this factor on a comparable basis, the revenue for the first three quarters actually increased by 9.77% year-on-year.