Sanan Optoelectronics First-Half 2026 Revenue Falls 28% to RMB 6.468 Billion, Swings to Net Loss

Sanan Optoelectronics reported first-half 2026 revenue of RMB 6.468 billion, down 28.04% year on year, with a net loss of RMB 97.9045 million attributable to shareholders, swinging from a profit of RMB 176 million in the same period of 2025. The company cited tax policy changes for shifting its gold and platinum scrap recovery from external sales to consignment refining, effective November 1, 2025, and January 1, 2026, which eliminated other operating revenue. Excluding this business, revenue rose 8.97% from the comparable 2025 level.