The company announced that for the six months ending June 30, 2026, revenue is anticipated to decline to a range between approximately RMB 30 million and RMB 35 million, compared to approximately RMB 449 million for the same period last year ending June 30, 2025.

The decrease in revenue is primarily attributed to lower-than-expected contributions from the mobile phone business during this period.

Despite the revenue reduction, the net loss for the period is expected to narrow to between approximately RMB 7.5 million and RMB 8 million, compared to a net loss of about RMB 8.41 million in the prior corresponding period.

The anticipated reduction in net loss is mainly due to the group's implementation of effective cost-control measures, leading to decreases in rental expenses and human resources costs.

Due to weak consumer demand for certain brand mobile phones distributed by the group, it adopted a cautious approach in accepting deliveries of some mobile phone products, resulting in the mobile phone business recording a lower-than-expected revenue contribution for the period.

Following recent discussions with clients, the group expects sales of brand mobile phones to gradually recover starting from June 2026.

The group has been collaborating with relevant business partners to introduce satellite communication professional terminals through centralized procurement and tender arrangements.

Although the group has made progress in its satellite phone business, shipments of related products are currently expected to commence in the third quarter of 2026.

Consequently, the revenue contribution from this business segment during the period is expected to be limited.