Jingke Electronics Co., Ltd. (02551) announced interim results, with revenue of 1,079 billion yuan, the new display business bucked the trend

According to the Zhitong Finance App, Jingke Electronics Co., Ltd. (02551) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 1,079 billion (same unit), a year-on-year decrease of 3%; losses attributable to the owner of the parent company were 563.09 million yuan; and a loss of 0.1 yuan per share.

The Group's new display devices and module products are mainly used in high-end televisions, automotive displays and other fields for brand customers. During the reporting period, according to Lotu Technology data, shipments of complete brand units in the Chinese TV market fell 10.1% compared to the same period. Against this backdrop, the Group's new display business achieved contrarian growth, with sales revenue of 478 million yuan, an increase of 34.8% over the previous year, fully demonstrating the strong market competitiveness of the product. During the reporting period, the product structure was further optimized, and the share of Mini LED products continued to increase. Among them, next-generation RGB Mini LED products were rapidly released in 2026 and already accounted for 24.8% of the revenue of the new display business.

Despite pressure from the external environment, the Group's new display business relied on the core competitive advantages of Mini LED products, in particular RGB Mini LED's leading position in the industry in terms of production capacity scale, manufacturing efficiency and quality control, and achieved revenue growth against the trend and became the core growth engine during the reporting period. Furthermore, automotive-grade LED devices and modules rely on technological leadership and high product reliability to maintain a steady growth trend. The outstanding performance of the above business fully confirms the strategic value of the Group's three major business segments to co-locate and hedge against fluctuations in the industrial cycle.

The Group's main business consists of three segments: automotive intelligent vision, new displays, and high-end lighting. The long-term positive trend of the main business has not changed. In the future, the Group will continue to adhere to the development concept of innovation-driven and high-end manufacturing, and promote continuous and steady business development through measures such as deepening vertical integration of the industrial chain, increasing technological innovation, rationally expanding production capacity, and accurately arranging high-growth areas.