Xingmin Intelligent Transportation disclosed its earnings forecast, expecting a net loss attributable to shareholders of 160 million to 210 million yuan in the first half of 2026, compared with a loss of 198 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 50 million to 75 million yuan, compared with a profit of 4.0481 million yuan in the same period last year. Basic loss per share is expected to be between 0.2578 yuan and 0.3384 yuan. The company's main businesses are steel wheel manufacturing and intelligent connected vehicle operation services. The change in performance is due to an increase in revenue compared with the same period last year and improved operating efficiency, but fair value changes in external investments and the recognition of share-based payment expenses for restricted stock equity incentives led to a loss in the reporting period.
Shandong Xingmin Wheel Co LtdExpects net loss of 160-210 million yuan in H1 2026, worse than prior year's loss after deducting non-recurring items.