Mao Ye Commercial: It is expected that the net profit will be a loss of 196 million to 144 million yuan in the first half of 2026.

Mao Ye Commercial Announcement: It is expected that the net profit in the first half of 2026 will be a loss of 196 million to 144 million yuan. During the reporting period, the company's main business was affected by the macro environment, and the overall retail industry is still at the bottom stage. The overall consumption momentum and consumption willingness of residents have not fully recovered, leading to further pressure on the company's net profit.