Aowei Holding expects H1 loss to narrow 73.5% to about RMB 20 million

• Aowei forecast a first-half 2026 loss attributable to owners of no more than RMB 20 million.
• That compares with a RMB 75.6 million loss a year earlier, implying a year-on-year narrowing of about 73.5%.
• Higher iron ore concentrate selling prices lifted gross margin, supported by tighter cost controls on procurement, transport, other spending.
• Sand and gravel materials business at Laiyuan County Jiheng Mining recovered, with production and sales volumes rising over six months.
• Expected credit loss impairment swung to a net reversal versus substantial provisions in the prior-year period.

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. Aowei Holding 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-20260820-12292113), on August 20, 2026, and is solely responsible for the information contained therein.