CCCC Development announced that net profit for the first half of 2026 is about 18 million yuan, and a loss of 1.18 billion yuan for the same period last year. The main reason for the company's net profit to turn a loss into a profit is that the company completed major asset restructuring business on August 31, 2025, and no longer engaged in real estate development-related business after the transaction was completed, achieving a strategic transformation from an asset-heavy development model to an asset-light operating model. The asset-light business developed steadily during the reporting period and achieved profits.

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