Zengpeng Technology: It is expected to incur a loss of RMB 30 million–RMB 38 million in the first half of 2026, compared with a loss of RMB 36.2345 million in the same period last year.

Zhejiang Peng Technology Co., Ltd. announced that it expects in the first half of 2026 to achieve net profit attributable to owners of the parent company of -$38 million to -$30 million, compared with -$36.2345 million in the same period last year; it also expects non-recurring item adjusted net profit of -$43 million to -$35 million, compared with -$40.5856 million in the same period last year. The main reasons for the expected loss in performance are: the elevator door system business has been affected by the continued downturn in the real estate market, causing both order volume and gross margin to decline simultaneously; its holding subsidiary Beijing Lingwei Junrong Technology Co., Ltd., due to the special nature of its industry, had fewer projects accepted in the first half, resulting in a relatively small contribution to operating profit for this period.
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