NEW GONOW RV (00805) expects a net profit of approximately 6 million to 10 million yuan in the first half of the year.

NEW GONOW RV (00805) announced that the groups unaudited net profit for the six months ending June 30, 2026 (the first half of 2026) is expected to be approximately RMB 6 million to RMB 10 million, compared to approximately RMB 31 million for the same period in 2025. The Board of Directors believes that the anticipated decline in the group's unaudited net profit is primarily due to (1) a decrease in the profit margin of the groups new vehicle models, which is a result of strategic market launches and early adoption promotion activities, including the implementation of targeted promotional pricing, recommending discounts, and channel incentives, especially in the groups mixed off-road trailer RV series, aimed at capturing market share, boosting sales, and enhancing brand awareness in this growing sector; (2) an increase in operating expenses in the first half of 2026 compared to the corresponding period in 2025, attributable to the continued expansion of the groups retail network and operational scaling, specifically the higher sales, general, and administrative expenses generated by self-operated stores opened since the second quarter of 2025; and (3) investment losses incurred from the sale of financial assets in the first half of 2026.