Cuiwei Shares issued a profit warning, projecting a first-half 2026 loss of 65 million to 80 million yuan, narrowing the loss by 123 million to 138 million yuan year-on-year, with a non-recurring net loss of 165 million to 185 million yuan. The company's payment business remained in the red due to a decline in acquiring transaction volume, though the loss narrowed by about 58.74 million yuan year-on-year. The retail business saw a drop in sales revenue amid the market environment, with gross profit falling by roughly 34 million yuan, leading to an operating loss. In addition, the half-year fair value change gains rose significantly year-on-year, impacting non-recurring profit and loss by about 100 million yuan. The company has now posted losses for four consecutive years, with cumulative losses from 2022 to 2025 totaling approximately 2.191 billion yuan. As of the close on July 14, Cuiwei Shares traded at 7.83 yuan, with the stock price down 53.42 percent year-to-date.
Beijing Cuiwei Tower Co LtdProfit warning: first-half loss of 65-80 million yuan, core businesses in the red.