CHINA AOYUAN (03883) issues a profit warning, expecting a net loss of approximately 6.5 billion to 6.8 billion yuan for the interim period.

17:55 20/08/2026

China Aoyuan (03883) announced that the group expects to record a net loss of approximately RMB 6.5 billion to RMB 6.8 billion for the six months ending June 30, 2026 (for the six months ending June 30, 2025: net loss of approximately RMB 9.5 billion). The net loss for this period is expected to decrease by about 28% to 32% compared to the corresponding period in 2025, primarily due to a reduction in impairment provisions, as well as the group's continued efforts to streamline its organizational structure, which has resulted in sustained effective control of sales and administrative expenses and the recognition of foreign exchange gains.

CHINA AOYUAN (03883) announced that the group expects to record a net loss of approximately RMB 6.5 billion to RMB 6.8 billion for the six months ending June 30, 2026 (for the six months ending June 30, 2025: net loss of approximately RMB 9.5 billion). The net loss for this period is expected to decrease by approximately 28%-32% compared to the corresponding period in 2025, mainly due to a reduction in impairment provisions, as well as the group's ongoing measures to streamline its organizational structure, leading to effective and sustainable control of sales and administrative expenses, along with the recognition of foreign exchange gains.

POWER XINCHEN (01148) released its interim results, with a profit attributable to shareholders of 18.083 million yuan, an increase of 9.6% year-on-year.

NUOBIKAN (02635) announced its interim results, with profit attributable to owners of the parent company amounting to 53.688 million yuan, an increase of 33.95% year-on-year.

China Tourism Group Duty Free Corporation (01880) appointed Ye Wenhui as the co-secretary of the company, authorized representative, and legal process agent to replace Zhang Xiao.

POWER XINCHEN (01148) released its interim results, with a profit attributable to shareholders of 18.083 million yuan, an increase of 9.6% year-on-year.

NUOBIKAN (02635) announced its interim results, with profit attributable to owners of the parent company amounting to 53.688 million yuan, an increase of 33.95% year-on-year.

China Tourism Group Duty Free Corporation (01880) appointed Ye Wenhui as the co-secretary of the company, authorized representative, and legal process agent to replace Zhang Xiao.