Crayon Shin-chan snacks: Expected to turn from profit to loss in the first half of 2026, with a loss of approximately 18 million yuan.

Crayon Shin-chan Snack Food Announcement: It is expected that for the six months ending June 30, 2026, total revenue will reach approximately RMB 628 million, an increase from approximately RMB 516 million in the same period of 2025; however, a net loss of approximately RMB 18 million is expected, compared to a net profit of approximately RMB 3 million during the same period in 2025, marking a shift from profit to loss. The loss is mainly due to increased advertising and promotional expenses, as well as rising logistics costs, along with losses generated from the subsidiary acquired during the period.