Shuguang Shares issued an announcement, expecting a net loss attributable to shareholders of the listed company of 120 million to 140 million yuan in the first half of 2026, compared with a loss of 145 million yuan in the same period last year. The company said the main reason for the loss is that vehicle production and sales fell short of expectations, and capacity utilization was insufficient, resulting in existing product gross profit being unable to cover fixed costs and expenses.
Liaoning SG Automotive Group Co LtdVehicle production and sales fell short of expectations, leading to insufficient capacity utilization and gross profit unable to cover fixed costs.