ST Tongde announced that from January 1 to June 30, 2026, net profit attributable to shareholders of listed companies is expected to be -55 million yuan to -38 million yuan, a year-on-year decrease of 595.86%-442.59%; net profit after deducting non-recurring profit and loss will be -54.32 million yuan to -37.32 million yuan, a year-on-year decrease of 1183.56%-844.45%. The changes in performance were mainly due to a decline in production and sales due to maintenance of the parent company's explosives production line in the second quarter, expensive financing for subsidiary projects, and continued losses due to insufficient utilization of production capacity in the electricity business.

ST Tongde announced that from January 1 to June 30, 2026, net profit attributable to shareholders of listed companies is expected to be -55 million yuan to -38 million yuan, a year-on-year decrease of 595.86%-442.59%; net profit after deducting non-recurring profit and loss will be -54.32 million yuan to -37.32 million yuan, a year-on-year decrease of 1183.56%-844.45%. The changes in performance were mainly due to a decline in production and sales due to maintenance of the parent company's explosives production line in the second quarter, expensive financing for subsidiary projects, and continued losses due to insufficient utilization of production capacity in the electricity business.