Guangzhou Fangbang Electronics Co Ltd

Fangbang Shares announced on October 9 that shareholder Yi Hongqiong reduced her stake by a cumulative 860,000 shares through block trading and centralized bidding, accounting for 1.04% of the company's total share capital, with total reduction proceeds of 165 million yuan. Director Ye Yong reduced his stake by 110,000 shares through centralized bidding, accounting for 0.13% of total share capital, with total reduction proceeds of 27.68 million yuan. In the first half of 2026, Fangbang Shares achieved revenue of 173 million yuan and a net loss attributable to the parent company of 33 million yuan.

Fangbang Shares released its 2026 interim report, showing total operating revenue of 173 million yuan and a net loss attributable to the parent company of 33.0013 million yuan, an increase in loss of 9.1434 million yuan compared with the same period last year. Net cash flow from operating activities was negative 3.8406 million yuan, down 170.80% year on year. The company's asset-liability ratio was 22.65%, and gross margin was 30.37%, down 2.80 percentage points from the same period last year. Diluted earnings per share were negative 0.44 yuan, and the number of shareholders was 8,489.

Fangbang Shares released its 2026 interim report on August 27. First-half operating revenue was 173 million yuan, up 0.3 percent year on year, but net loss attributable to the parent widened to 33 million yuan, compared with a loss of 23.86 million yuan in the same period last year. Net loss attributable to the parent after deducting non-recurring items was 42.63 million yuan, and net operating cash flow was negative 3.84 million yuan. Second-quarter revenue was 92.89 million yuan, up 11.1 percent year on year, while net loss attributable to the parent was 15.69 million yuan, narrower than the same period last year. The company's main businesses include electromagnetic shielding film, copper foil, flexible copper clad laminate, and resistive film. Electromagnetic shielding film sales were 84.26 million yuan, down 2.42 percent year on year, but sales volume of high-margin products rose 35.45 percent. Copper foil business sales were 30.56 million yuan, down 20.25 percent year on year, but RTF copper foil sales volume rose 34.49 percent. Flexible copper clad laminate business sales were 20 million yuan, up 68.83 percent year on year. The new peelable copper product has passed some certifications and received small-batch orders. Resistive film sales revenue was 4.5 million yuan, up 55.2 percent year on year. The company said operating pressure mainly came from tight supply of memory chips and rising costs.