Dongyangguang announced that in the first half of 2023, its revenue was 5.314 billion yuan, a year-on-year decrease of 10.33%; and its net profit attributable to shareholders of the listed company was -139 million yuan, a year-on-year decrease of 122.25%. In the first half of 2023, due to the overall sluggishness of the consumer electronics market, coupled with the inventory reduction of lithium battery companies, the market demand dropped significantly, resulting in a decrease in demand for electronic components and high-end aluminum foil, leading to a decrease in sales of core products such as electrode foil, capacitors, and electronic optical foil.
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