Shengyang Technology said at the 2026 third quarter results briefing that under the macro environment, gross margin pressure in the second half of the year mainly came from the raw material side. Prices of commodities such as copper and tin rose. Raw materials for cable products accounted for a high proportion of the cost, and there was a lag in transmission to customers, which would squeeze gross profit space. The company is actively responding by optimizing the order structure, reducing costs and increasing efficiency.

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