According to the Kazakh Air Conditioning announcement, net profit attributable to owners of the parent company is expected to be -48 million yuan to -57 million yuan for the first half year of 2026, and -7.643 million yuan for the same period last year, which will increase losses; deducted non-net profit will be -48.5 million yuan to -57.5 million yuan. Due to geographical disturbances in the Middle East, rising raw material prices and industry competition, sales revenue and project gross margin declined, and the amount of government subsidies decreased by about 3.48 million yuan.

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