• Zhongliang expects a net loss attributable to parent owners of RMB 3.3 billion to RMB 3.8 billion for H1 2026.
• That compares with a net loss of about RMB 800 million in H1 2025.
• Loss excluding non-cash gains from offshore debt modification was about RMB 2.5 billion in H1 2025.
• Wider loss tied to China property market adjustment, fewer deliveries, weaker property sales revenue, lower gross profit, asset impairments.
• H1 2025 loss benefited from a one-off non-cash gain from completion of offshore debt modification in June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhongliang Holdings Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12294900), on August 21, 2026, and is solely responsible for the information contained therein.