Jingwei Co., Ltd. announced that from January to June 2026, the company's net profit attributable to shareholders of listed companies was -23.1229 million yuan, which is at an operating loss. Losses are mainly due to structural differentiation in the electricity service market segment, the pace of approval and commencement of new energy projects is slowing down, the growth rate of traditional distribution network transformation in Zhejiang is slowing down, market competition intensifies, and related demand shrinks due to reduced real estate investment. By the end of the reporting period, the total amount of litigation and arbitration involving the company and its subsidiaries for 12 consecutive months was about 135 million yuan, accounting for 14.61% of the net assets at the end of the period; some bank account funds had been judicially frozen, involving an amount of 27.277 million yuan. The sponsoring agency will continue to pay attention to the above matters and urge the company to promptly fulfill its obligation to disclose information.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.