Kunshan Guoli Electronic Technology Co Ltd

Guoli Electronics disclosed on the evening of October 9 that the company and its controlled subsidiary lost a first-instance patent infringement dispute and were ordered to stop manufacturing, selling, and offering to sell relay models related to the patents involved, and to pay a total of 24.0867 million yuan in compensation to Xiamen Hongfa Electric Power Co., Ltd. The company said it will appeal, and the first-instance judgment has not yet taken legal effect. The total amount involved in the case is 60 million yuan. The defendants include Guoli Electronics, its controlled subsidiary Kunshan Guoli Yuantong New Energy Technology Co., Ltd., and its wholly owned subsidiary Kunshan Ruipu Electric Co., Ltd. The company also needs to bear case acceptance fees of 148,200 yuan. Guoli Electronics said it filed a second patent invalidation declaration against the patents involved on July 17, 2026, which is currently under review. At the same time, the company and its subsidiaries have filed a lawsuit with the Suzhou Intermediate People's Court against Xiamen Hongfa for infringing four of their patents, and the court has accepted the case but has not yet held a hearing. The third-quarter earnings forecast disclosed on the same day shows that the company expects third-quarter operating revenue of 450 million to 540 million yuan, a year-on-year increase of 22.20% to 46.65%, and net profit attributable to the parent company of 27 million to 32.4 million yuan, a year-on-year increase of 35.11% to 62.13%.

Guoli Electronics released its 2026 interim report, with total operating revenue of 707 million yuan and net profit attributable to the parent of 31.51 million yuan, down 11.83% from the same period last year. Net cash inflow from operating activities was 23.16 million yuan, the asset-liability ratio was 56.76%, gross margin was 22.63%, return on equity was 2.73%, and diluted earnings per share was 0.33 yuan. The company had 7,788 shareholders, and the top ten shareholders held 51.42% of total share capital.

Guoli Electronics released its 2026 half-year report. Net profit attributable to the parent in the first half was 31.51 million yuan, down 11.8% year-on-year, while operating revenue was 707 million yuan, up 24.2% year-on-year. Second-quarter operating revenue was 400 million yuan, up 18.1% year-on-year, and net profit attributable to the parent was 24.78 million yuan, up 3.5% year-on-year. The company said revenue growth was mainly driven by market expansion in emerging fields such as new energy vehicles, semiconductor equipment, and aerospace, as well as increased orders for core products. However, the decline in net profit was due to product mix adjustments, rising raw material prices that lowered gross margin, and increases in administrative expenses, research and development expenses, and financial expenses. As of the end of the second quarter, the company's total assets were 2.677 billion yuan, and net assets attributable to the parent were 1.153 billion yuan.