Redsun Properties FY26 H1 net loss narrows to RMB 1.76 billion; revenue drops 74.2% to RMB 700.3 million

• Redsun Properties posted a net loss of RMB 1.76 billion, narrowing from RMB 2.32 billion a year earlier.
• Revenue fell 74.2% to RMB 700.3 million, while gross loss widened to RMB 1.12 billion, leaving a 160.5% gross loss margin.
• Basic and diluted loss per share attributable to shareholders was RMB 0.51, versus RMB 0.56 a year earlier.
• Contracted sales dropped 67.1% to RMB 944 million, with 99,998 square meters sold at an average RMB 9,440 per square meter.
• Management said it is prioritizing debt management, asset protection and cash-flow controls, while accelerating property sales and receivables collections.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redsun Properties Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260827-12303057), on August 27, 2026, and is solely responsible for the information contained therein.