Pieno: It is expected that the net profit will be a loss of 3.8603 to 5.7905 million yuan in the first half of 2026.

Piano's announcement projects a net loss attributable to shareholders of the listed company of 3.8603 million to 5.7905 million yuan from January 1, 2026 to June 30, 2026, compared to a loss of 12.5764 million yuan in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be a loss of 32.3628 million to 34.2929 million yuan, compared to a loss of 19.8019 million yuan in the same period last year. During the reporting period, the company's main business income continued to decline due to the increase in economic uncertainty, weak demand in the home decoration market, and intensified industry competition, resulting in a decrease in the comprehensive gross profit margin compared to the same period last year.