ST Zhengping: It is estimated that the net loss in the first half of 2026 will be between 130 million and 180 million yuan.

ST Zhengping announced that the expected net profit attributable to shareholders of the listed company in the first half of 2026 will be between -130 million yuan and -180 million yuan, an increase in losses compared to the same period last year; the non-recurring net profit will be between -131 million yuan and -181 million yuan, an increase in losses compared to the same period last year. The net profit in the same period of the previous year was -88.1221 million yuan. The performance change is mainly due to the reduction in local infrastructure investment, the decrease in new orders for the company, a decrease in construction business income, an increase in litigation expenses, a decrease in project receipts, and an increase in the provision for credit impairment losses compared to the same period last year.