Guangdong Rongtai Industry Co LtdDawei Technology (parent of Guangdong Rongtai) expects a net loss of 55-85 million yuan in H1 2026, a sharp reversal from prior-year profit, due to ramp-up costs and lower asset disposal gains.

Dawei Technology disclosed an earnings forecast, expecting a net loss attributable to owners of the parent of 55 million to 85 million yuan in the first half of 2026, compared with a profit of 68.1678 million yuan in the same period last year. Net loss after deducting non-recurring items is expected to be 65 million to 95 million yuan, compared with a loss of 37.5737 million yuan in the same period last year. The company said the main reason for the loss is that the newly built Zhangbei Rongtai Data Center Phase I project is still in the ramp-up period of customer onboarding, with revenue contribution not yet fully released and significant pressure on costs and expenses, leading to a phased loss. In addition, in the same period last year, asset disposal gains of 108.6085 million yuan were recognized from the disposal of idle assets, while such gains decreased significantly in the current period.
Guangdong Rongtai Industry Co LtdDawei Technology (parent of Guangdong Rongtai) expects a net loss of 55-85 million yuan in H1 2026, a sharp reversal from prior-year profit, due to ramp-up costs and lower asset disposal gains.