AUTOSTREETS (02443) announced its interim results, with a shareholder loss of 16.507 million yuan, marking a shift from profit to loss compared to the same period last year.

AUTOSTREETS (02443) announced its interim results for the six months ending June 30, 2026, with revenue of 75.635 million yuan (RMB, the same below), a year-on-year decrease of 46.7%; the loss attributable to shareholders was 16.507 million yuan, compared to a profit of 5.462 million yuan for the same period last year; basic loss per share was 0.02 yuan. The announcement stated that in the first half of 2026, in response to the drastic changes in the market, AUTOSTREETS also made significant business adjustments. In the first half of 2026, the overall auction transaction rate in the industry declined sharply, and the volume of auctions decreased due to falling new car sales. Continuous store closures by traditional upstream clients forced AUTOSTREETS to take countermeasures.