Nanjing Panda Electronics Co., Ltd. released its summary of the semi-annual report for 2024, showing that the company and its subsidiaries had a revenue of 1,250,346,512.09 RMB during the reporting period, a decrease of 8.26% compared to the same period last year. The net profit attributable to shareholders of the listed company was -68,198,110.51 RMB, a significant decrease compared to the same period last year. The net cash flow from operating activities also declined. During the reporting period, the company faced challenges of intensified market competition and business model transformation, especially in the LCD display sector, where existing customer markets were highly competitive and the expansion of new customers did not meet expectations. In addition, the company did not distribute profits or increase capital from reserve funds. The board of directors, the supervisory board, directors, supervisors, and senior management of the company guarantee the authenticity, accuracy, and completeness of the content in the semi-annual report, and there is no false representation, misleading statement, or significant omission.

Nanjing Panda Electronics Co., Ltd. released its summary of the semi-annual report for 2024, showing that the company and its subsidiaries had a revenue of 1,250,346,512.09 RMB during the reporting period, a decrease of 8.26% compared to the same period last year. The net profit attributable to shareholders of the listed company was -68,198,110.51 RMB, a significant decrease compared to the same period last year. The net cash flow from operating activities also declined. During the reporting period, the company faced challenges of intensified market competition and business model transformation, especially in the LCD display sector, where existing customer markets were highly competitive and the expansion of new customers did not meet expectations. In addition, the company did not distribute profits or increase capital from reserve funds. The board of directors, the supervisory board, directors, supervisors, and senior management of the company guarantee the authenticity, accuracy, and completeness of the content in the semi-annual report, and there is no false representation, misleading statement, or significant omission.