Xianjian Technology (01302) issued a profit warning, expecting a shareholder loss of 30 million to 40 million yuan in the first half of the year.
Zhituo Finance APP reported that Xianjian Technology (01302) announced that, excluding several non-recurring items as described below, the Group anticipates that for the six months ending June 30, 2026, the profit attributable to the owners of the company will be between RMB 110 million and RMB 120 million, compared to approximately RMB 238.5 million for the same period in 2025. This decrease is primarily due to a decline in revenue and a significant reduction in net foreign exchange gains. The non-recurring items include share-based payment expenses, other gains and losses of financial assets measured at fair value through profit or loss, and expected transaction costs related to the acquisition of equity in Beijing Huayi Shengjie Technology Co., Ltd. and the issuance of convertible bonds, which the Board has resolved not to proceed with.
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