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CNBC AI News, July 30th – Chinese projector manufacturer XGIMI Technology (688696.SS) released its earnings guidance for the first half of 2025, projecting revenues of RMB 1.626 billion (approximately $226 million USD), a modest 1.63% year-over-year increase.
Net profit attributable to shareholders is expected to reach RMB 88.66 million (approximately $12.3 million USD), a significant surge representing a 2062.33% increase compared to the same period last year.
This impressive leap in profitability, according to XGIMI, is largely attributable to the company’s continued focus on research and development, coupled with improvements in supply chain efficiency. Resource optimization, rigorous cost control measures, and enhanced component standardization have significantly boosted both R&D and production efficiency, accelerating market responsiveness. These strategic initiatives have collectively contributed to stronger cost management, overall efficiency gains, and a marked improvement in core profitability.
In the first half of 2025, XGIMI expanded its product portfolio with the launch of several new models, including the Play 6 portable projector, the RS 20 series flagship home projector, and the Z6X Pro tri-color laser projector.
XGIMI is also actively pursuing global expansion, solidifying its presence in key overseas markets such as Europe, North America, Japan, and Australia. The company is strategically expanding its reach through major offline retail channels, with a steadily growing number of points of sale.
Furthermore, XGIMI is extending the application of its projection technology beyond traditional home entertainment. The company is venturing into new sectors, including smart cabins and intelligent headlights for automobiles. XGIMI’s in-car rear projection products are now integrated into multiple models from automakers such as Seres, JAC, and BAIC.
Notably, XGIMI
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