Soling Shares issued an announcement, expecting a net loss attributable to the parent company of 39.1 million to 46.9 million yuan for the first half of 2026, compared with a profit of 5.78 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 49.1 million to 56.9 million yuan. The company stated that the completion of large projects, the transition between old and new projects, and some new projects being in the early stage of mass production led to a significant decline in revenue and profit. At the same time, to maintain competitiveness in areas such as intelligent cockpit and driving, IoT, and V2X, research and development expenses remain at a relatively high level. In the first quarter of 2026, the company achieved revenue of 95.54 million yuan, with a net profit attributable to the parent company of negative 18.17 million yuan.
Shenzhen Soling Industrial Co LtdExpects first-half net loss of 39.1-46.9 million yuan vs profit of 5.78 million yuan last year, due to project transitions and high R&D expenses.