Guangyu's Q1 Revenue at 4.2 Billion Yuan, Down 25% Year-on-Year; Aims for Monthly Increase in Q2
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Guangyu announced its first-quarter revenue of 4.2 billion yuan, a 25% year-on-year decrease, primarily due to a higher base from strong shipments following new product launches by consumer electronics clients last year. The company expects to actively plan AI server shipments in the second quarter, aiming for month-on-month revenue growth.