Shenglong International has issued a profit warning, projecting a net loss attributable to shareholders of approximately 10.5 million yuan for the six months ending June 30, 2026. This marks a sharp reversal from the net profit of 19.9 million yuan recorded in the same period last year.

The expected net loss for the current six-month period is primarily attributed to a significant decline in gross profit. This decline is mainly driven by a drop in revenue due to lower selling prices and reduced sales volumes, as well as increases in the cost of production materials and manufacturing expenses.