CCCC Development disclosed an earnings forecast, expecting an attributable net profit of 18 million yuan in the first half of 2026, compared with a loss of 1.18 billion yuan in the same period last year, achieving a turnaround. Deducted non-recurring net profit is expected to be 15 million yuan, compared with a loss of 1.187 billion yuan a year earlier, with basic earnings per share of 0.02 yuan. The company said the change in performance was mainly due to the completion of a major asset restructuring on August 31, 2025, after which it no longer engages in real estate development business and has transformed into an asset-light operating model. In this reporting period, the asset-light business developed steadily and achieved profitability.
CCCG Real Estate Corp LtdExpects net profit turnaround due to asset restructuring and asset-light model.