Jingwei Tiandi (02477) Fa Ying Jing expects that the net loss due to shareholders in the medium term will not exceed about 45 million yuan year-on-year profit to loss

According to the Zhitong Finance App, Jingwei Tiandi (02477) announced that the Group expects the six months ending June 30, 2026 (reporting period) to obtain a net loss attributable to the owners of the Company of no more than RMB 45 million, while the net profit attributable to the owners of the Company will be approximately RMB 7.717 million for the same period in 2025.

The Group's anticipated net loss is mainly due to: (i) fair value losses on financial assets that account for profit and loss at fair value; (ii) due to market saturation, increased industry competition, and rising operating costs, the Group's telecommunications business lost money during the period, while profit was achieved during the same period in 2025; and (iii) launched the fintech business in the second half of last year, and initiated an artificial intelligence (AI) strategy upgrade during the reporting period to expand its business to the AI infrastructure computing power service sector.