Weixin Jinke (02003) expects consolidated net profit for the medium term to be no more than 15 million yuan

Zhitong Finance App News, Weixin Finance App (02003) announced that the Group expects to obtain consolidated net profit of not more than RMB 15 million for the six months ended June 30, 2026 (period), and non-IFRS adjusted net profit of approximately RMB 5 million to RMB 20 million, while the consolidated net profit for the six months ended June 30, 2025 (same period) was RMB 216 million, and non-IFRS net adjusted profit of RMB 217.9 million.

Expected net profit for the period decreased compared to the same period, mainly due to the further deepening of structural adjustments in the industry under the continuously evolving regulatory framework, in particular the continuing impact of the implementation of Notice No. 9 of the State Financial Supervisory Administration [2025], and tight market liquidity since the second half of 2025. To this end, the Group continues to adopt prudent management strategies centered on risk control and actively reduces risk exposure. As a result, the Group drastically reduced the actual amount of its loans, which led to a significant drop in revenue, which in turn reduced net profit compared to the same period.