Greatoo Inc

Julun Intelligent has disclosed its earnings forecast, expecting a net loss attributable to shareholders of 50 million to 75 million yuan in the first half of 2026, compared with a loss of 56.2505 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 53 million to 79 million yuan, compared with a loss of 60.0302 million yuan a year earlier. The company is mainly engaged in the research, development, production and sales of specialized tire manufacturing equipment. The change in performance is primarily due to a year-on-year decline in sales revenue and a reduction in gross profit, the inability to effectively release production capacity as some domestic subsidiaries are still in the construction and start-up phases, and operating losses at some overseas joint ventures and subsidiaries.