On March 10, 2026, Chaoyang Technology released its 2025 annual report. The report showed that the company's revenue in 2025 reached RMB 1.86 billion, a year-on-year increase of 12.5%, with TWS earphone shipments exceeding 50 million units. Among them, the proportion of Active Noise Cancellation (ANC) earphones rose to 45%, and revenue from smart wearable products increased by 35% year-on-year, significantly driving the implementation of the company's dual-track strategy of 'audio + smart wearables'.
