002819SZSE
🚨 Material Event

2026 Interim Performance Forecast

Beijing Oriental Jicheng Co., Ltd.··3 pages

✨ AI Summary

Beijing Oriental Science & Technology Co., Ltd. forecasts a net loss for the first half of 2026, with a projected loss of RMB 40-44 million for shareholders. This is primarily due to an ongoing arbitration regarding performance compensation from a previous acquisition. The company is monitoring the arbitration closely, as its outcome could impact financial statements.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Stock Code: 002819 Stock Abbreviation: Oriental Science & Technology Announcement No.: 2026-036

Beijing Oriental Science & Technology Co., Ltd.

2026 Interim Performance Forecast

The Company and all members of the 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.

Important Notice:

The Company previously acquired 78.33% of the equity in Wanlihong through the issuance of shares to Wanli Jin Cheng Venture Capital Co., Ltd. and other original shareholders of Wanlihong. As Wanlihong failed to achieve its promised performance for 2022 and 2023, the aforementioned original shareholders of Wanlihong are obligated to fulfill their compensation obligations as agreed. However, as of now, 14 original shareholders of Wanlihong (hereinafter referred to as "Respondents") have not fulfilled this portion of their performance compensation obligations. The Company has initiated arbitration with the China International Economic and Trade Arbitration Commission (hereinafter referred to as "CIETAC"). The relevant arbitration matter has been accepted by CIETAC, the trial phase has concluded, and CIETAC has not yet issued an arbitration award.

According to the "Accounting Standards for Business Enterprises No. 29 - Events After the Reporting Period" (CAS 29), if CIETAC issues an award before the approval date of the Company's 2026 interim financial statements, and the award has a significant impact on the financial statements, it will constitute an adjusting event, which may affect the net profit attributable to shareholders of the listed company and the range of the performance forecast.

The Company will continue to monitor the progress of this matter, strictly adhere to the enterprise accounting standards and information disclosure rules, and fulfill its external information disclosure obligations in a timely manner. We kindly remind investors to be aware of the risks.

I. Performance Forecast for the Current

Sign in to read the full translation

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