According to Qianfang Technology's announcement, it is estimated that from January 1 to June 30, 2026, net profit attributable to shareholders of listed companies will be -25 million yuan to -15 million yuan, a year-on-year decrease of 114.73%-108.84%; net profit after deducting non-recurring profit and loss will be 4.5 million yuan to 6.75 million yuan, a year-on-year decrease of 84.02% to 76.03%. The change in performance was mainly due to a year-on-year increase in revenue and gross margin in the smart transportation sector, but the revenue of the smart transportation sector declined, and expenses increased year-on-year due to investment in innovative business R&D and exchange losses. In addition, changes in the fair value of equity instruments held affected net profit of about 231 million yuan.

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