China Tianbao Group: It is expected to have a net loss of 60 million to 70 million yuan in the first half of 2026, compared to a loss of 37.3 million yuan during the same period in 2025.

China Tianbao Group announced that it expects to record a net loss of between RMB 60 million and 70 million in the first half of 2026, compared to a net loss of RMB 37.3 million in the same period of 2025. The loss is mainly attributed to a decrease in revenue, specifically due to: the group actively adjusting the scale of its contracts to manage accounts receivable risks, resulting in a reduced number of construction contracts; and a decline in the average unit price of buildings.