C SUCCESS FIN (03623) expects its mid-term loss to increase significantly by approximately 790% to 800% year-on-year.

C SUCCESS FIN(03623) announced that the Group expects to achieve a significant increase in net profit for the six months ending June 30, 2026, compared to the same period last year (i.e., the six months ending June 30, 2025), with an increase ranging from approximately 485% to 495%. The loss during the reporting period is expected to increase significantly by about 790% to 800% compared to the same period last year. The substantial increase in net profit during the reporting period is primarily attributable to a significant rise in revenue from the energy storage business (approximately RMB 54.4 million), which has exceeded the revenue for that business for the year ending December 31, 2025 (approximately RMB 22.8 million). This growth is mainly due to robust demand in overseas energy storage system markets, with the Group actively expanding its presence in markets such as South Africa, Australia, and Northern Europe, where sales of energy storage systems have recorded growth. The substantial increase in the Group's loss during the reporting period is mainly due to a large impairment loss recognized for properties, plants, and equipment, along with an additional impairment loss recognized for the interests in associates during the reporting period. Looking ahead, the Group will prioritize its energy storage business as its core strategic focus, continuing to deepen its efforts in key markets such as South Africa, Australia, and Northern Europe to further consolidate competitive advantages in these regions. In the financial services sector, the Group will persist with the principle of "risk first, business second" while prudently advancing business development. At the same time, it will steadily launch its market hog business to provide efficient and reliable pig farming services to customers. On this basis, the Group will fully leverage synergies between its businesses to enhance operational resilience through diversified arrangements, promoting high-quality and sustainable development.