Xiabu Xiabu announced that the revenue for the six months ended June 30, 2026 is estimated to be approximately RMB 1.5 billion, a decrease of about 23% from the revenue for the six months ended June 30, 2025; the expected net loss is approximately RMB 29 million to RMB 39 million, while the net loss for the same period in 2025 is approximately RMB 81 million, with a loss reduction of about 64% to 51%. The sharp reduction in losses is mainly due to the company's implementation of multi-dimensional measures to improve quality and efficiency. It is estimated that the amount of asset impairment losses accrued for closed and continuously losing restaurants will be reduced by about 30% compared to the same period in 2025.

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