Zhibang Home Furnishing announced that the first half of 2026 achieved operating income of 1,465 billion yuan, down 22.88% year on year; net loss attributable to shareholders of listed companies was 157 million yuan, down 214.09% year on year; and gross profit margin was 26.74%, down 9.23 percentage points year on year. The revenue from the assembly business in the first half of the year was about 310 million yuan, an increase of about 29% over the previous year. On August 28, 2026, the company received research from various institutions such as Harvest Fund and GF Securities in the form of a conference call to exchange views on issues such as the reasons for the decline in gross margin, the overall business situation, industry competition, and coping strategies.

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