Delton Technology's stock plummeted 5.64% during Tuesday's intraday trading session, extending recent declines as investor sentiment weakened.

The sharp drop follows the company's recent earnings briefing, which revealed combined credit impairment and asset impairment losses exceeding 32 million yuan in the first quarter. These losses were primarily driven by increased bad debt provisions from rising accounts receivable and higher inventory write-down provisions, raising concerns among investors about short-term order visibility and asset quality.

Additionally, the broader Electronic Components sector faced selling pressure, with peers also trading lower amid raw material cost headwinds from copper price surges and supply tightness in upstream materials, contributing to the negative sentiment surrounding Delton Technology.