Wantong Technology disclosed an earnings forecast, expecting a net loss attributable to the parent of 46.37 million to 89.42 million yuan in the first half of 2026, compared with a loss of 37.44 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 48.84 million to 91.89 million yuan, compared with a loss of 41.55 million yuan in the same period last year. Basic earnings per share are expected to be between negative 0.1082 yuan and negative 0.2087 yuan. The company stated that intense industry competition squeezed profit margins, leading to a decline in gross margin. At the same time, the amortization of equity incentive expenses of approximately 21.05 million yuan increased compared with the same period last year, and the provision for asset impairment losses also had an adverse impact on net profit.
Anhui Wantong Technology Co LtdExpects wider net loss due to competition, equity incentive amortization, and asset impairment.