Recently, Beijing EhuaTong Technology Co., Ltd. released an H-share announcement disclosing its performance expectations for H1 2026. Based on a preliminary assessment, for the six months ended June 30, 2026, the Company is expected to record a loss for the reporting period that is approximately 35% to 45% lower than that of the same period in 2025.
The announcement stated that the narrowing of the loss was mainly attributable to improvements in operations and management, as well as changes in certain financial items.
On the operational front, EhuaTong further strengthened supply chain coordination and management during the reporting period and accelerated inventory turnover, driving a YoY decline in cost of sales. Meanwhile, the Company continued to implement cost-reduction and efficiency-enhancement measures, with operating expenses including selling, administrative, and R&D expenses all decreasing compared with the same period last year, supporting the overall performance improvement.
On the financial front, during the reporting period, the Company recovered bad debt provisions made in prior years, with the related amount up YoY, turning the financial asset impairment item from a net loss to a net gain. In addition, as the Company’s shareholding ratio in certain associates decreased, the share of losses of associates accounted for using the equity method decreased YoY.
The Company stated that the above performance expectations were made based on currently available information and the management’s preliminary assessment, and the relevant financial data have not yet been audited.The final figures and specific details of the interim results for 2026 shall be subject to the Company’s subsequent formal results announcement.
