Jiufang Smart Investment Holdings (09636) anticipates net profit attributable to shareholders in the medium term of 25 million yuan to 35 million yuan

According to the Zhitong Finance App, Jiufang Smart Investment Holdings (09636) announced that for the six months ending June 30, 2026 (reporting period), the Group's total order amount is estimated to be approximately RMB 1.68 billion, and the total order amount for the six months ended June 30, 2025 (same period) is approximately RMB 1,705 billion. The Company's insider information announcement dated February 9, 2026 (this announcement): The relevant subsidiaries suspended the processing of new contracted customer services from the date of the announcement, which had a phased impact on the revenue structure during the reporting period. As a result, customer orders during the period mainly came from repurchases from existing customers, accounting for more than 80% of major products. As of the date of this announcement, the subsidiary has resumed adding new contracted customers.

The Group is expected to record revenue of approximately RMB 1,299 billion and revenue of approximately RMB 2,0997 million during the same period. The order amount for major products sold by the Group confirmed revenue in instalments during the subscription period, and most of the repurchase orders during the reporting period have not yet been serviced. It is expected that the service will be recognized as revenue in the subsequent reporting period after the launch of the service. As of the end of the reporting period, the contract debt balance was approximately RMB 1,889 million, which will mainly confirm earnings in 2026 and 2027. This is an increase of approximately 133.6% over the contract debt balance of approximately RMB 809 million at the end of the period.

The Group expects the adjusted profit (adjusted net profit after excluding share-based remuneration expenses) under non-Hong Kong financial reporting standards to be between approximately RMB 107 million and RMB 117 million. The Group expects the net profit attributable to shareholders to be between RMB 25 million and RMB 35 million. The main reason for the change in net profit for the reporting period was the decline in earnings described above. In addition, the company continues to refine its products and technical capabilities, and expand the size of the new product team to promote diversification of the revenue structure. Costs and expenses during the reporting period remained at a level similar to that of the same period.