Foshan Saturday Shoes Co Ltd

Yoowang Technology released its 2026 half-year performance forecast, projecting net profit attributable to shareholders of the listed company at 140 million to 210 million yuan, compared with a loss of 253 million yuan in the same period last year, achieving a turnaround from loss to profit. Deducted non-recurring net loss is expected to be 150 million to 225 million yuan, narrowing by 11.56% to 41.04% year-on-year. The operational improvement stems from the dual implementation of innovation and burden reduction. The company introduced an enterprise-level AI collaboration platform, and jointly developed tools for batch production of materials and marketing have been put into use, driving the IP material business to achieve a closed loop with excellent test results. The brand Duowei achieved sales exceeding 800 million yuan on its first anniversary, becoming a new growth curve. On the burden reduction front, the company completed the sale of Saturday Shoes assets, recovering 230 million yuan in funds, and focused on its core internet marketing business. However, significant long-term amortization expenses related to earlier fixed asset purchases, decoration, and daily operations have exerted some pressure on overall performance. Industry analysts believe that Yoowang Technology is expected to continue deepening AI applications and content innovation, further improving its business structure, and continuing to enhance efficiency and optimize its operating situation.

Yowant Technology disclosed its earnings forecast, expecting a net profit attributable to the parent company of 140 million to 210 million yuan for the first half of 2026, compared with a loss of 253 million yuan in the same period last year, achieving a turnaround from loss to profit. During the reporting period, the company completed the overall sale of its footwear asset business. The related transaction will have a positive impact on the net profit for the first half of 2026, with an estimated amount of 338 million yuan, and this gain is classified as non-recurring profit or loss.