Yatai Group: Estimated Net Profit Loss of 500 Million yuan in the First Half of 2026

Yatai Group announced that the net profit attributable to the owner of the parent company is expected to be-500 million yuan in the first half of 2026, and the net profit after deducting recurring gains and losses is expected to be-540 million yuan. In the same period of 2025, the net profit attributable to the owner of the parent company was-823 million yuan, and the net profit deducted from non-profits was-841 million yuan. During the

reporting period, the building materials market continued to be depressed, the purchase price of raw coal rose, the industry competition was fierce, the sales price and sales volume of building materials products declined year on year, and the building materials industry continued to lose money; At the same time, the real estate industry has been deeply adjusted, the market demand is insufficient, the sales volume and price of commercial housing have fallen, the gross profit space has narrowed, and the rigid operating cost has continued to be spent, resulting in the loss of the real estate industry.