ZHONG JU INVEST (01959) issued a profit warning, expecting a consolidated loss attributable to shareholders of approximately 21.8 million yuan for the interim period, an increase compared to the same period last year.

ZHONG JU INVEST (01959) announced that the Group expects to achieve revenue of approximately RMB 426 million for the six months ending June 30, 2026, compared to revenue of approximately RMB 454 million for the six months ending June 30, 2025 (the same period last year). The Group anticipates a consolidated loss attributable to the owners of the company of approximately RMB 21.8 million for the current period, an increase of 36% compared to a consolidated loss attributable to the owners of the company of approximately RMB 16 million for the same period last year. The Board of Directors believes that the expected increase in consolidated after-tax losses for the current period is mainly influenced by the macroeconomic environment and the ongoing intense price competition in the automotive industry, with the negative new car sales pricing being the primary factor for the losses. Additionally, the optimization and adjustment of inefficient stores have also led to a decline in after-sales revenue and gross profit contributions.