Huakong Seg: Net profit in the first quarter was a loss of 18.1652 million yuan, a decrease of 4.59% year-on-year.

Huacong Saige announced that in the first quarter of 2026, the operating income was 48,393.9 thousand yuan, a year-on-year decrease of 64.41%. The net loss was 18,165.2 thousand yuan, compared to a loss of 17,368.2 thousand yuan in the same period last year, a year-on-year decrease of 4.59%. The net profit after deducting non-recurring gains and losses was a loss of 18,454 thousand yuan, compared to a loss of 17,190 thousand yuan in the same period last year, a year-on-year decrease of 7.35%. The net cash flow generated from operating activities was -28,314.8 thousand yuan, compared to 91,045.8 thousand yuan in the same period last year, a year-on-year decrease of 131.10%. Basic earnings per share were -0.018 yuan/share, compared to -0.0173 yuan/share in the same period last year, a year-on-year decrease of 4.05%.