Saifutian: It is expected to have a net loss of 23.2 million to 34.8 million yuan in the first half of 2026.

Saifutian announced that it is expected to achieve a net loss attributable to the owners of the parent company in the first half of 2026 ranging from 23.2 million to 34.8 million yuan, compared to a net profit of 3.0829 million yuan in the same period of the previous year. The main reasons for the decline in performance in this period are pressure from two major sectors: firstly, the elevator steel wire rope market in the first half of the year was affected by the downward trend in prices in the industry chain, coupled with the impact of geopolitical conflicts on raw material costs, leading to a decrease in product selling prices, pressure on gross profit margins, and losses in the sector; secondly, the photovoltaic industry continues to face supply and demand contradictions, and is affected by factors such as production stoppages during the Spring Festival, production line upgrades, industry overcapacity, and continuous price declines, resulting in a year-on-year decline in the performance of the photovoltaic business.