SIM Technology Group Limited (Stock Code: 2000) reported a notable reduction in unaudited monthly revenue for January 2026, primarily due to intense competition in the automotive industry and a strategic shift in its business focus.

Total unaudited revenue fell to HK$30.9 million in January 2026 from HK$52.5 million in December 2025, representing a 41.2% drop. The Group’s core business revenue decreased substantially, moving from HK$49.9 million in December 2025 to HK$28.0 million in January 2026. This decline was attributed to a cessation of new purchase orders in the automotive intelligent product segment following the Group’s revised business strategy, alongside adjustments to delivery schedules by customers.

On a year-on-year basis, core business revenue in January 2026 declined by 27.7% compared with HK$38.7 million in January 2025, while total unaudited revenue dropped by 27.0% from HK$42.4 million over the same period. Non-core business revenue, largely derived from properties management, registered HK$2.9 million in January 2026, showing only a minor change from December 2025.

As of January 2026, the Group’s core operations center on original design manufacturing of intelligent terminals. According to the announcement, the figures are based on unaudited management accounts and may be subject to adjustments. Investors and shareholders are advised to exercise caution when dealing in the shares of the Group.