Qinchuan IoT: Net loss of 23.5398 million yuan in the first quarter of 2026.

Qinchuan Internet of Things announced that the operating income in the first quarter of 2026 was 62.0023 million yuan, an increase of 10.31% year-on-year. The net loss was 23.5398 million yuan, compared to a net loss of 29.8456 million yuan in the same period last year.