Changxin Technology: Net profit in 2025 is expected to decrease by 42.94% year on year, with a proposed dividend of 0.5 RMB.

Changxin Technology disclosed its annual report on April 26th, with operating income reaching 11.573 billion yuan in 2025, a year-on-year increase of 4.66%; net profit attributable to shareholders was 204 million yuan, a year-on-year decrease of 42.94%; basic earnings per share were 0.08 yuan. The company plans to distribute a cash dividend of 0.5 yuan for every 10 shares. During the reporting period, the operation of various business segments showed a differentiated trend. In terms of products, wearable products, ITO conductive glass, and other consumer electronics businesses were affected by weakened downstream demand and fluctuating orders, leading to adjustments in revenue; revenue from car display modules, car cover plates, car central control and instrument screen modules, mobile phone display modules, thin display panels, and other businesses maintained growth in scale, but profitability was under pressure due to industry price decreases, cost rigidity, and other factors. UTG/UFG ultra-thin flexible glass, AR optical devices, fold-free materials, photovoltaics, and aerospace-grade flexible glass, and other high value-added products are in a stage of market expansion and capacity climbing, serving as new profit growth points that the company focuses on cultivating.