SUNFONDA GP (01771) released its interim results, with a loss attributable to shareholders of 74.20 million yuan, a year-on-year decrease of 13.3%.

SUNFONDA GP (01771) announced its interim results for the six months ending June 30, 2026, with revenue of CNY 2.913 billion, a year-on-year decrease of 20.1%; the loss attributable to shareholders was CNY 74.2 million, a decrease of 13.3%; basic loss per share was CNY 0.12. The announcement indicated that the revenue decline for the period was 20.1%, primarily due to the closure of certain underperforming stores in the previous year, which no longer generated corresponding revenue in this period, resulting in an overall decline in revenue. Specifically, revenue from new car sales decreased by 21.5% year-on-year; revenue from after-sales service business decreased by 13.5% year-on-year; and revenue from used car sales decreased by 16.6% year-on-year.