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On October 24, Laibao Hi-Tech stated in the latest disclosure of investor relations activity records that in 2026, vehicle cover glass and vehicle touch screens are still under pressure to continue to fall in product prices, and the negative impact of rolling price cuts on the relevant supply chain in the domestic automobile market on the revenue and profitability of the company's vehicle touch screen product segment is increasingly evident. The sales volume and sales revenue of car cover glass in the first half of 2026 have declined to a certain extent compared to the same period last year, and are still facing downward price pressure in the second half of 2026; on the other hand, they are still facing downward pressure from prices in the second half of 2026; on the other hand, they are still facing downward pressure on prices. The integration of in-cell touch displays in the market position has brought increasing alternative competitive pressure. The company's overall sales revenue in the automotive touch screen business segment may decline year-on-year in 2026, and this will have a certain adverse impact on the profitability of this business segment. All investors are kindly requested to view them objectively and rationally. Please refer to the regular report data disclosed by the company later for specific business results.
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On October 24, Laibao Hi-Tech stated in the latest disclosure of investor relations activity records that in 2026, vehicle cover glass and vehicle touch screens are still under pressure to continue to fall in product prices, and the negative impact of rolling price cuts on the relevant supply chain in the domestic automobile market on the revenue and profitability of the company's automotive touch screen product segment is increasingly evident. The sales volume and sales revenue of car cover glass in the first half of 2026 have declined to a certain extent compared to the same period last year, and are still facing downward price pressure in the second half of 2026; on the other hand, they are still facing downward pressure on prices. The integration of in-cell touch displays in the market position has brought increasing alternative competitive pressure. The company's overall sales revenue in the automotive touch screen business segment may decline year-on-year in 2026, and this will have a certain adverse impact on the profitability of this business segment. All investors are kindly requested to view them objectively and rationally. Please refer to the regular report data disclosed by the company later for specific business results.
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