Xiangdian Co., Ltd. announced that it is expected to achieve net profit of 9.6 million yuan to 14.4 million yuan in the first half year of 2026. Compared with the same period last year, it will decrease 174 million yuan to 179 million yuan, a year-on-year decrease of 92.36% to 94.91%. Net profit attributable to owners of the parent company is expected to be -15 million yuan to -10 million yuan in the semi-annual year of 2026. Compared with the same period last year, it will decrease 115 million yuan to 120 million yuan, a year-on-year decrease of 109.52% to 114.28%. The decline in operating income, the decline in product gross margin, the rise in R&D expenses, and the reduction in the amount of policy subsidy funds received were the main reasons for the pre-decline in performance in the current period.

Xiangdian Co., Ltd. announced that it is expected to achieve net profit of 9.6 million yuan to 14.4 million yuan in the first half year of 2026. Compared with the same period last year, it will decrease 174 million yuan to 179 million yuan, a year-on-year decrease of 92.36% to 94.91%. Net profit attributable to owners of the parent company is expected to be -15 million yuan to -10 million yuan in the semi-annual year of 2026. Compared with the same period last year, it will decrease 115 million yuan to 120 million yuan, a year-on-year decrease of 109.52% to 114.28%. The decline in operating income, the decline in product gross margin, the rise in R&D expenses, and the reduction in the amount of policy subsidy funds received were the main reasons for the pre-decline in performance in the current period.