Sai Fu Tian announced that net profit attributable to the owner of the parent company is expected to achieve a loss of 23.2 million yuan to 34.8 million yuan for the first half year of 2026, and net profit of 3.082,900 yuan for the same period last year. The decline in performance in this period is mainly due to pressure from two major sectors: first, the elevator steel wire rope market was affected by falling industrial chain prices in the first half of the year, compounded by geographical conflicts, and raw material costs were affected by year-on-year decline in product prices, gross margin pressure, and sector losses; second, the PV industry continued to have supply and demand conflicts, which were affected by the suspension of production during the Spring Festival, production line transformation, industry overcapacity, and continued price decline.

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