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Changes in Hong Kong stocks | Lansi Technology (06613) fell more than 7% to a record low, and terminal demand and exchange dragged down performance, and net profit falling year-on-year in the third quarter
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The Zhitong Finance App learned that the stock price of Lansi Technology (06613) fell, falling more than 7% in the intraday period to a new low. As of press release, it had fallen 7.31% to HK$1,383, with a turnover of HK$103 million.

According to the news, Lansi Technology achieved revenue of 19.035 billion yuan in the third quarter of this year, down 8.05% year on year; net profit to mother was 843 million yuan, down 50.42% year on year. The decline in performance was mainly due to pressure on terminal demand due to rising storage prices, delays in the release of new products from major customers, and exchange losses. In the first nine months of this year, Lansi Technology's exchange losses reached 654 million yuan, compared to 115 million yuan in exchange earnings in the same period last year.

It is worth noting that although the company has continued to expand its automotive, robot, and AI server business in recent years, smartphones and computers still contribute the vast majority of its revenue. In the first half of this year, its mobile phone and computer-related business revenue was 22.382 billion yuan, still accounting for 77.54% of total revenue. Dahua Jixian recently drastically lowered Lansi Technology's 2026-2028 profit forecast by 40%, 15.9%, and 7.9% to 2,844 billion yuan, 5.407 billion and 7.886 billion yuan, respectively, reflecting a reduction in smartphone business assumptions and an increase in the ratio of operating expenses related to R&D and talent.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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