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CoinWorld News, Dawi Technology announced that in the first quarter of 2026, operating revenue reached 125 million yuan, a year-on-year increase of 21.22%. The net profit attributable to shareholders of the listed company was a loss of 31.86 million yuan, compared to a profit of 51.05 million yuan in the same period last year, turning from profit to loss year-on-year.
The performance change is mainly due to the first phase of Zhangbei Data Center's new cabinet集中投放, during which the newly added cabinets are still in the customer cabinet onboarding ramp-up period, and revenue contribution has not been fully realized.
In the short term, the company is under significant pressure in terms of costs and expenses, resulting in a temporary loss for the Zhangbei project.