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Bonso Electronics Reports On Redevelopment of The Shenzhen Factory and Potential Loss of Revenue

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Bonso Electronics (OTC Pink: BNSOF), a manufacturer of sensor-based and pet electronic products, announced two significant business challenges. First, the company's development partner failed to secure governmental approvals for the redevelopment of its Shenzhen factory. Due to tightened regulations and weak property market conditions, Bonso has terminated the redevelopment application and will instead rent out the facility in its current state, resulting in significantly lower rental income.

Additionally, Bonso warns of potential revenue losses due to recently announced US reciprocal tariff policies. Management expects these tariffs to significantly impact product demand for the fiscal year ending March 31, 2026, and beyond. While the company commits to honoring existing contracts and maintaining product competitiveness, the full revenue impact remains uncertain.

Bonso Electronics (OTC Pink: BNSOF), un produttore di prodotti elettronici per animali e basati su sensori, ha annunciato due sfide aziendali significative. In primo luogo, il partner di sviluppo dell'azienda non è riuscito a ottenere le approvazioni governative per la riqualificazione della sua fabbrica a Shenzhen. A causa di normative più severe e di condizioni deboli nel mercato immobiliare, Bonso ha interrotto la domanda di riqualificazione e affitterà invece la struttura nello stato attuale, con un conseguente reddito da affitto significativamente ridotto.

Inoltre, Bonso avverte di potenziali perdite di fatturato a causa delle politiche tariffarie reciproche recentemente annunciate negli Stati Uniti. La direzione prevede che queste tariffe influenzeranno significativamente la domanda di prodotti per l'anno fiscale che termina il 31 marzo 2026 e oltre. Sebbene l'azienda si impegni a onorare i contratti esistenti e a mantenere la competitività dei prodotti, l'impatto totale sul fatturato rimane incerto.

Bonso Electronics (OTC Pink: BNSOF), un fabricante de productos electrónicos para mascotas y basados en sensores, anunció dos desafíos comerciales significativos. En primer lugar, el socio de desarrollo de la empresa no logró obtener las aprobaciones gubernamentales para la remodelación de su fábrica en Shenzhen. Debido a regulaciones más estrictas y a condiciones débiles en el mercado inmobiliario, Bonso ha cancelado la solicitud de remodelación y en su lugar alquilará la instalación en su estado actual, lo que resultará en ingresos por alquiler significativamente más bajos.

Además, Bonso advierte sobre posibles pérdidas de ingresos debido a las políticas arancelarias recíprocas anunciadas recientemente en EE. UU. La dirección espera que estos aranceles impacten significativamente la demanda de productos para el año fiscal que termina el 31 de marzo de 2026 y más allá. Si bien la empresa se compromete a honrar los contratos existentes y a mantener la competitividad de los productos, el impacto total en los ingresos sigue siendo incierto.

Bonso Electronics (OTC Pink: BNSOF)는 센서 기반 및 애완동물 전자 제품 제조업체로서 두 가지 중요한 비즈니스 도전을 발표했습니다. 첫째, 회사의 개발 파트너가 심천 공장 재개발을 위한 정부 승인을 확보하지 못했습니다. 규제가 강화되고 부동산 시장 상황이 좋지 않아 Bonso는 재개발 신청을 종료하고 대신 현재 상태로 시설을 임대할 예정이며, 이로 인해 임대 수익이 크게 감소할 것입니다.

또한 Bonso는 최근 발표된 미국의 상호 관세 정책으로 인해 잠재적인 수익 손실에 대해 경고합니다. 경영진은 이러한 관세가 2026년 3월 31일로 끝나는 회계연도 및 그 이후의 제품 수요에 상당한 영향을 미칠 것으로 예상하고 있습니다. 회사는 기존 계약을 이행하고 제품의 경쟁력을 유지할 것을 약속하지만, 전체 수익 영향은 여전히 불확실합니다.

Bonso Electronics (OTC Pink: BNSOF), un fabricant de produits électroniques pour animaux et basés sur des capteurs, a annoncé deux défis commerciaux importants. Tout d'abord, le partenaire de développement de l'entreprise n'a pas réussi à obtenir les approbations gouvernementales pour la réhabilitation de son usine de Shenzhen. En raison de réglementations renforcées et de conditions de marché immobilier faibles, Bonso a annulé la demande de réhabilitation et louera plutôt l'installation dans son état actuel, ce qui entraînera des revenus locatifs considérablement réduits.

De plus, Bonso met en garde contre des pertes de revenus potentielles dues aux politiques tarifaires réciproques récemment annoncées aux États-Unis. La direction s'attend à ce que ces tarifs impactent considérablement la demande de produits pour l'exercice se terminant le 31 mars 2026 et au-delà. Bien que l'entreprise s'engage à honorer les contrats existants et à maintenir la compétitivité des produits, l'impact total sur le chiffre d'affaires reste incertain.

Bonso Electronics (OTC Pink: BNSOF), ein Hersteller von sensorbasierten und Haustier-Elektronikprodukten, hat zwei bedeutende geschäftliche Herausforderungen angekündigt. Erstens konnte der Entwicklungspartner des Unternehmens keine behördlichen Genehmigungen für die Umgestaltung seiner Fabrik in Shenzhen sichern. Aufgrund verschärfter Vorschriften und schwacher Bedingungen auf dem Immobilienmarkt hat Bonso den Antrag auf Umgestaltung eingestellt und wird stattdessen die Einrichtung im aktuellen Zustand vermieten, was zu deutlich niedrigeren Mieteinnahmen führen wird.

Darüber hinaus warnt Bonso vor potenziellen Einnahmeverlusten aufgrund der kürzlich angekündigten US-Gegenseitigen Zollpolitik. Das Management erwartet, dass diese Zölle die Produktnachfrage für das am 31. März 2026 endende Geschäftsjahr und darüber hinaus erheblich beeinflussen werden. Während das Unternehmen sich verpflichtet, bestehende Verträge einzuhalten und die Wettbewerbsfähigkeit der Produkte zu gewährleisten, bleibt die gesamte Umsatzwirkung ungewiss.

Positive
  • Company maintains ability to rent existing factory space to third parties
  • Commitment to honor all confirmed contract obligations
Negative
  • Failed Shenzhen factory redevelopment plan resulting in significantly lower rental income
  • Expected significant revenue decline due to US tariff policies affecting product demand
  • No near-term plans for factory redevelopment due to regulatory constraints

HONG KONG, April 9, 2025 /PRNewswire/ -- Bonso Electronics International, Inc. (OTC Pink: BNSOF and "Company"), a designer and manufacturer of sensor based products and pet electronic products, today reported on the redevelopment of its Shenzhen factory and a potential loss of revenue for the fiscal year ending March 31, 2026.

The Company learned that our development partner was not successful in obtaining all necessary governmental approvals for the redevelopment of our Shenzhen factory. Based on the tightened governmental requirements for redevelopment of old factory land and the weak property market conditions in Shenzhen, the Company and our development partner have decided to terminate the redevelopment application. Bonso will take back the Shenzhen factory and will rent it out under its existing condition to third parties. The rental income to be generated under the existing condition will be significantly less than the rental income that would have been generated after redevelopment. Bonso does not plan to explore redevelopment in the near future, unless governmental requirements and market conditions improve significantly.

The Company also reports a potential loss of revenue due to US tariff policy. Management believes the recently announced reciprocal tariff policy and previously announced tariffs by the US Government will have a significant impact on the demand for our products for the fiscal year ending March 31, 2026, and beyond. The Company will honor all confirmed contract obligations and work closely with our customers to maintain the competitiveness of our products. However, the overall impact on our revenue is unknown and we intend to monitor the market closely and adjust to fulfill our customers' demands.

About Bonso Electronics

Bonso Electronics designs, develops, manufactures, assembles and markets a comprehensive line of electronic scales, weighing instruments and pet electronic products. Bonso products are manufactured in the People's Republic of China for customers primarily located in North America and Europe. Company services include product design and prototyping, production tooling, procurement of components, total quality management, and just-in-time delivery. Bonso also independently designs and develops electronic products for private label markets. Bonso rents factory space and equipment to third parties. For further information, visit the company's web site at https://www.bonso.com/.

This news release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward looking statements may be identified by such words or phrases as "should," "intends," "is subject to," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "I or we believe," "future prospects," "our strategy," or similar expressions. Forward-looking statements made in this press release which relate to the termination of the redevelopment for the Shenzhen factory and a potential loss of revenue due to tariffs involve known and unknown risks and uncertainties that may cause the actual results to differ materially from those expected and stated in this announcement. We undertake no obligation to update "forward-looking" statements.

Cision View original content:https://www.prnewswire.com/news-releases/bonso-electronics-reports-on-redevelopment-of-the-shenzhen-factory-and-potential-loss-of-revenue-302424523.html

SOURCE Bonso Electronics

FAQ

Why did Bonso Electronics (BNSOF) terminate the Shenzhen factory redevelopment plan?

Bonso terminated the plan due to their development partner's failure to obtain necessary governmental approvals, tightened governmental requirements for old factory land redevelopment, and weak Shenzhen property market conditions.

How will the failed Shenzhen factory redevelopment affect BNSOF's rental income?

The rental income from the existing factory condition will be significantly lower than what would have been generated after redevelopment.

What impact will US tariffs have on BNSOF's revenue in 2026?

Management expects significant negative impact on product demand for the fiscal year ending March 31, 2026, though the exact revenue impact is unknown.

Will BNSOF pursue future redevelopment of the Shenzhen factory?

Bonso does not plan to explore redevelopment in the near future unless governmental requirements and market conditions improve significantly.
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