Kuntai Co., Ltd. announced that the net profit attributable to shareholders of listed companies from January 1, 2026 to June 30, 2026 is expected to be 3 million yuan to 3.9 million yuan, down 86.37% to 82.29% from the same period last year; net profit after deducting non-recurring profit and loss is 2.1 million yuan to 3 million yuan, down 89.96% to 85.65% from the same period last year. The main reasons for the decline in 2026 semi-annual results compared to the same period last year are: 1. During the reporting period, due to the impact of the industry environment and market competition, the company's sales volume of tufted carpet products declined, and the cost of raw materials increased, which led to a year-on-year decline in the company's operating income for the current period and a decline in overall gross margin, which affected the net profit for the current period. 2. During the reporting period, in order to accelerate the strategic layout of global production capacity, the company's upfront investment in overseas business layout increased, which affected the net profit for the current period.

Kuntai Co., Ltd. announced that the net profit attributable to shareholders of listed companies from January 1, 2026 to June 30, 2026 is expected to be 3 million yuan to 3.9 million yuan, down 86.37% to 82.29% from the same period last year; net profit after deducting non-recurring profit and loss is 2.1 million yuan to 3 million yuan, down 89.96% to 85.65% from the same period last year. The main reasons for the decline in 2026 semi-annual results compared to the same period last year are: 1. During the reporting period, due to the impact of the industry environment and market competition, the company's sales volume of tufted carpet products declined, and the cost of raw materials increased, which led to a year-on-year decline in the company's operating income for the current period and a decline in overall gross margin, which affected the net profit for the current period. 2. During the reporting period, in order to accelerate the strategic layout of global production capacity, the company's upfront investment in overseas business layout increased, which affected the net profit for the current period.