ZHONG JU INVEST (01959) has issued a profit warning, forecasting a net loss attributable to shareholders of approximately 21.8 million yuan for the six months ended June 30, 2026, marking a 36% increase from the loss of approximately 16 million yuan recorded in the same period last year.

The company estimates that revenue for the period will be around 426 million yuan, compared to approximately 454 million yuan in the prior corresponding period.

The board attributed the anticipated increase in the after-tax loss primarily to the ongoing macroeconomic environment and intense price competition in the automotive industry. The key factor driving the loss is the inverted pricing of new car sales, where selling prices fall below cost. Additionally, the group's optimization and adjustment of underperforming stores have led to a decline in after-sales revenue and gross profit contributions.