C HIGHPRECISION (00591) issues profit warning, expects annual loss attributable to shareholders of approximately RMB 13 million to RMB 16 million, turning from profit to loss year-on-year.

C HIGHPRECISION (00591) has issued an announcement that the Group expects to record a loss attributable to owners of the Company of approximately RMB 13 million to RMB 16 million for the year ended 30 June 2026, compared with a profit attributable to owners of the Company of approximately RMB 17.4 million for the year ended 30 June 2025. The expected loss attributable to owners of the Company for the year ended 30 June 2026 is primarily attributable to a decrease in sales of high-precision automation instruments and technical products in the petroleum and petrochemical industries caused by project delays.