Guancheng New Materials expects a loss of 40 million to 55 million yuan in the first half of 2026

Earnings
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Guancheng New Materials disclosed its earnings forecast, expecting a net loss attributable to the parent company of 40 million to 55 million yuan in the first half of 2026, compared with a profit of 19.5669 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 38 million to 53 million yuan, compared with a profit of 13.0437 million yuan in the same period last year. The company's main businesses include the production and sale of electromagnetic wire, real estate development, and the production and operation of lithium battery electrolyte additives. The announcement stated that the net profit of the electromagnetic wire business increased compared with the same period last year, but the real estate business settlement area was relatively small, leading to a decline in real estate operating income. The combined effect resulted in the expected loss for this period.

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