Zhongyan Technology disclosed its performance forecast, expecting a net loss attributable to the parent company of 12 million to 18 million yuan in the first half of 2026, compared with a profit of 20.7473 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 21 million to 27 million yuan, compared with a profit of 19.0843 million yuan in the same period last year. The company stated that the change in performance is mainly due to the long preliminary approval cycles for infrastructure and energy projects, leading to delays in new project launches, with most new projects still in the preparation stage and unable to generate revenue at scale. At the same time, changes in construction conditions for some projects have extended the construction period, increased management and supporting costs, reduced gross margins, and led to impairment provisions for related assets. In addition, the impact of non-recurring gains and losses on net profit is estimated to be 8 million to 12 million yuan, mainly from changes in the fair value of other non-current financial assets and wealth management income.
Zhongyan Technology Co LtdCompany expects a net loss due to delays in new project launches and extended construction periods, reducing revenue and margins.