Zhengbang Technology announced that it expects a net loss attributable to shareholders of the listed company of 700 million to 800 million yuan for the first half of 2026, swinging to a loss year-on-year. The change in performance is mainly due to fluctuations in the hog market during the reporting period, with the average selling price of commercial hogs falling year-on-year, leading to a year-on-year decline in hog farming business profits. At the same time, the company made provisions for expected credit losses on receivables and provisions for inventory impairment on some inventories.
Jiangxi Zhengbang Technology Co LtdExpects net loss of 700-800 million yuan in H1 2026, swinging from profit to loss due to lower hog prices and impairment provisions.