2026 Interim Performance Forecast

*ST Modern Co., Ltd.·July 14, 2026·2 pages

✨ AI Summary

Modern Avenue Fashion Group forecasts a net loss for the first half of 2026, with net profit attributable to shareholders ranging from -1,900 to -950 million yuan. This decline is attributed to the reversal of non-recurring gains from the previous year, offset by improved operational efficiency and cost control measures. The company is also addressing potential liabilities from ongoing litigation.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

2026 Interim Performance Forecast

Securities Code: 002656

Securities Abbreviation: *ST Modern

Modern Avenue Fashion Group Co., Ltd.

Announcement No.: 2026-043

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, 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 to June 30, 2026

(II) Performance Forecast: Net profit is expected to be negative.

Performance Forecast Using Interval Numbers

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.