002528SZSE
🚨 Material Event

2026 Semi-Annual Performance Forecast

*ST Yingfei Co., Ltd.··4 pages

✨ AI Summary

Shenzhen Inovance Technology Co., Ltd. forecasts a net loss attributable to shareholders of RMB 85 million to RMB 98 million for the first half of 2026. This represents a significant increase in loss compared to the previous year, primarily due to the absence of a large credit impairment loss reversal. The company faces multiple risks, including delisting warnings and ongoing litigation.

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Full Translation

AI Translation· gemini_document

Securities Code: 002528

Securities Abbreviation: *ST Yingfei

Announcement No.: 2026-055

Shenzhen Inovance Technology Co., Ltd.

2026 Semi-Annual Performance Forecast

The Company and the entire Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Performance Forecast for the Current Period

(I) Performance Forecast Period: January 1, 2026 - June 30, 2026

(II) Performance Forecast: ■ Loss □ Turning Loss into Profit □ Increase Year-on-Year □ Decrease Year-on-Year

ItemThis Reporting PeriodPrior Year Period
Net profit attributable to shareholdersLoss: RMB 85 million – RMB 98 millionLoss: RMB 962.25 million
Loss increase year-on-year: 783.34% -918.44%
Net profit after deducting non-recurringLoss: RMB 5.5 million – RMB 6.8 millionLoss: RMB 2,315.41 million
gains and lossesLoss increase year-on-year: 137.54% -193.68%
Basic earnings per shareLoss: RMB 0.0709/share - RMB 0.0818/shareLoss: RMB 0.0080/share

II. Communication with the Accounting Firm

The financial data in this performance forecast has not been audited by a certified public accountant.

III. Explanation of Performance Changes

During the reporting period, the Company was affected by the continuous superposition of various risk factors, coupled with insufficient operating capital. Revenue scale and gross profit margin decreased slightly year-on-year, leading to a larger year-on-year increase in the net profit attributable to the parent company. This was mainly due to a significant reversal of impairment losses on a single project in the prior year period, with no such large reversal in the current period. In addition, the impact of non-recurring gains and losses on net profit during the reporting period is estimated to be around RMB 30 million, mainly due to provisions for contingent liabilities arising from pending litigation or other matters.

During the reporting period, the Company continued to implement various measures to stabilize its basic operations, achieving a significant decrease in expenses and an increase in efficiency, which led to a year-on-year reduction in operating losses.

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