According to the announcement, Xiangdian Co., Ltd. announced that it is expected to achieve net profit of 10 million yuan to 14 million yuan in the first three quarters of 2026, a year-on-year decrease of 93.02% to 95.01%; net loss after deduction of 20 million yuan to 26 million yuan, a year-on-year decrease of 128.60% to 137.18%. Net profit for the third quarter of 2026 is expected to be 550,000 yuan to 800,000 yuan, down 93.42% to 95.47% year on year; net loss after deduction is 8 million yuan to 11 million yuan, up 68.65% to 77.20% year on year. The decline in performance was mainly due to a decline in product gross margin, an increase in R&D expenses, and a decrease in policy subsidy funding.

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