Guangming Real Estate: Estimated net loss of 600 million to 400 million yuan in the first half of 2026.

Guangming Real Estate Announcement: It is expected that the net profit attributable to the owners of the parent company in the first half of 2026 will be approximately -6 billion yuan to -4 billion yuan, and a loss will continue compared to the same period last year. It is expected that the net profit attributable to the owners of the parent company in the first half of 2026, excluding non-recurring gains and losses, will be approximately -5.9 billion yuan to -3.95 billion yuan.