According to Dwell's announcement, the third quarter of 2026 achieved operating income of 284 million yuan, a year-on-year decrease of 8.33%; net profit to mother was 12.8916 million yuan, a year-on-year decrease of 66.24%; net profit after deducting non-return to mother was 9.015,600 yuan, a year-on-year decrease of 76.42%. The first three quarters of 2026 achieved operating income of 858 million yuan, a year-on-year decrease of 1.67%; net profit to mother of 458.849 million yuan, a year-on-year decrease of 48.85%; net profit after deducting non-return to mother of 408.736 million yuan, a year-on-year decrease of 53.78%. The decline in performance was mainly due to rising depreciation costs due to rising costs due to the commissioning of fund-raising projects, exchange losses due to the appreciation of the RMB exchange rate, and interest expenses due to additional bond financing.

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