Maxscend Microelectronics reports Q1 loss, adjusts equity incentive plan

Maxscend Microelectronics (SZSE:300782) reported a net loss attributable to shareholders of CNY -46.62 million for the first quarter of 2025, a significant decrease compared to the previous year's profit of CNY 197.77 million. Revenue also declined by 36.47% to CNY 755.82 million. In response to these results, the company emphasizes ongoing efforts to enhance efficiency and manage costs, aided by artificial intelligence tools.