Jingshn upi: 2026 nin yjd ku fi jng kusn 4637.26 wn yun Jiangshan Oppe: The non-GAAP net loss for the first quarter of 2026 was 46,372,600 yuan

Jiangshan Europe announced that on April 27, 2026, the company will hold a performance briefing for the first quarter of 2026. The company reported a non-GAAP net loss of 46.3726 million yuan in the first quarter, with non-recurring gains and losses mainly coming from government subsidies and idle fund management income. Government subsidies decreased by about 24 million yuan year-on-year due to adjustments in local support policies. The reasons for the loss include industry downturn, intense competition, business structure adjustments, and reduced government subsidies. The company's measures include reducing receivables, reducing expenses, increasing the proportion of positive cash flow business, expanding international markets through engineering channels, developing agency models, selling online through retail channels, and focusing on rural villa areas.