Chutian Dragon disclosed its earnings forecast, expecting a net loss attributable to the parent of 50 million to 65 million yuan in the first half of 2026, compared to a loss of 39.7688 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 53 million to 68.6 million yuan, compared to a loss of 41.3286 million yuan a year earlier. Basic loss per share is projected at 0.11 to 0.14 yuan. The company stated that the change in performance is mainly due to intensified industry competition and price declines for some products, leading to lower revenue and gross margins. However, it continues to make breakthroughs in the market, having won head office-level projects from several state-owned commercial banks and joint-stock commercial banks in the first half of the year, and been shortlisted for third-generation social security card projects in multiple cities. At the same time, its core self-developed technologies such as eSIM have obtained international and domestic certifications, and internal cost reduction and efficiency improvement measures are beginning to show results.
Chutian Dragon Co LtdIntensified industry competition and price declines leading to lower revenue and gross margins, causing a larger net loss.