According to Zhitong Finance App, Jinbangda Baojia (03315) issued an announcement. The board of directors expects that the company's annual revenue for the year ended December 31, 2026 will be reduced by about 5% to 15% compared to the annual revenue ended 31 December 2025 (approximately RMB 931 million); and the board of directors expects that compared with the annual profit attributable to the owners of the Company for the year ended 31 December 2025 (approximately RMB 40 million), the annual profit attributable to the company's owners for the year ended December 31, 2026 will change from profit to loss.

Based on the absolute amount of annual profit attributable to the Company's owners for the previous year, the reduction percentage of the Company's owners' annual profit for the year ended December 31, 2026 was approximately 200% to 250%.

The expected decline in revenue for the year ended December 31, 2026 and expectations of losses due to the Company's owners during the period are mainly due to increased market competition; increased impairment provisions for the Group's assets such as property and inventory; and current book losses due to exchange losses.

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