Saiwei Electronics responds to sharp stock price decline: performance is one of the influencing factors

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Saiwei Electronics’ stock price plummeted over 18% on April 23rd.
In response, Saiwei Electronics stated that, against the backdrop of a broad market and sector adjustment, the company’s stock price experienced a sharp fluctuation far exceeding expectations, with trading volume and turnover rate both rapidly increasing.
Many and complex factors influence secondary market stock prices; since November 2025, the company’s stock price has shown significant volatility and active trading characteristics.
The sharp decline in stock price on the 23rd is considered a continuation of these features, with performance being one of the influencing factors.
In the first quarter of 2026, the company’s performance significantly declined year-over-year, mainly because Silex Sweden (which had long been a core component of the company’s MEMS business) was still included in the company’s consolidated financial statements in the first quarter of 2025, but was no longer consolidated in the first quarter of 2026.
This impact was already quite clear when the Silex Sweden equity transfer was completed in July 2025.
Although the MEMS foundry revenue from the Beijing factory increased significantly in the first quarter of 2026 compared to the first quarter of 2025, the absolute amount was relatively small, making it difficult to offset the huge impact on the company’s MEMS business volume and performance caused by the divestment of the Swedish production line.
(People’s Financial News)

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