China Jiangxi Communications (02545) Fa Ying Guang expects medium-term equity shareholders to bear losses of no more than 4 million yuan

According to the Zhitong Finance App, China and Jiangxi Communications (02545) issued an announcement. It is expected that the company's equity shareholders will bear no more than RMB 4 million in the six months ending June 30, 2026 (interim period), while the profit attributable to equity shareholders of the company for the six months ending June 30, 2025 is approximately RMB 4.2 million.

According to currently available information, the board of directors believes that the equity shareholders of the above mentioned company should bear the losses mainly due to the impact of the economic environment and the company's prudential principles, an increase in the scale of credit impairment losses provided by the company; and a reduction in one-time government rewards.