Suzhou Novosense Microelectronics Co., Ltd. (Novosense, 2676) released a further profit alert, highlighting that total operating revenue for the year ended December 31, 2025 reached RMB 3.37 billion, reflecting a 71.80% increase from the prior year. The announcement states that net loss attributable to equity shareholders narrowed to about RMB 241.08 million, while net loss after deducting non-recurring items amounted to approximately RMB 289.72 million. According to management, higher downstream demand in automotive electronics, a recovery in the energy and industrial automation sector, as well as the consolidation of Shanghai MagnTek Microelectronics Co., Ltd. supported the revenue growth.

The announcement indicates that total assets rose to RMB 9.67 billion as of the end of the reporting period, representing a 26.07% increase from the start of the year. Net assets attributable to equity shareholders stood at around RMB 7.58 billion, up 27.64%. Share capital increased to approximately RMB 161.60 million, and net assets per share attributable to equity shareholders rose by 12.59% to RMB 46.94. The figures are based on unaudited consolidated management accounts and may differ when audited results are finalized.

The company attributed the operating revenue growth to robust sales of automotive electronics products, recovering purchase levels in photovoltaics and energy storage, and increased demand in the server power market driven by AI. Although expenses also climbed during the reporting period, Novosense reported a more efficient expense-to-revenue ratio, leading to an improved overall performance.

In addition, Novosense has applied for the resumption of trading in its H shares on The Stock Exchange of Hong Kong Limited, effective from 9:00 a.m. on March 3, 2026. Further details will be provided in the upcoming annual results announcement expected in late March 2026.