Hengshuo Group: Net loss of 70.78 million yuan in the first half of 2025

Hengshuo Group announced that the operating income in the first half of 2025 was 174 million yuan, a year-on-year decrease of 1.79%. The net loss attributable to shareholders of the listed company was 70.7824 million yuan, compared to a net loss of 74.3502 million yuan in the same period last year. A combination of factors led to the loss in performance. If the future sales price and gross margin of the company's main products continue to decline due to industry fluctuations and market competition, there is a risk of further decline in performance.