Zhangyue Technology issued an announcement, expecting a net loss attributable to the parent of about 52.43 million yuan for the first half of 2026, narrowing from a loss of 160 million yuan in the same period last year. The net loss attributable to the parent after deducting non-recurring items is expected to be about 76.06 million yuan, compared with a loss of 170 million yuan a year earlier. The company is using AI short dramas as a growth engine, consolidating its position in the top tier of the domestic short drama industry, and treating overseas markets as a core strategic growth pole, advancing a dual-line layout of deepening domestic presence and breaking through overseas. However, affected by the pace of business expansion, the company remains in a period of high-intensity investment, which creates significant phased pressure on profitability. In the first quarter of 2026, Zhangyue Technology achieved revenue of 794 million yuan, with a net loss attributable to the parent of 33.73 million yuan.
IReader Technology Co LtdCompany expects first-half loss to narrow but remains loss-making due to high-intensity investment, with phased pressure on profitability.