Deewin Tianxia Co., Ltd. (DEEWIN) has issued a profit warning, advising shareholders and potential investors that preliminary, unaudited figures point to a sharp contraction in profitability for the six months ended 30 June 2026. Management now expects net profit to range between RMB30.00 million and RMB40.00 million, a decline of approximately 56%–67% versus the RMB91.70 million recorded in the prior-year period.

Management attributes the downturn to two principal factors:

1. Intensified Competition and Pricing Adjustments • Heightened rivalry in China’s financial services and supply-chain logistics markets prompted DEEWIN to modify its commercial policies to safeguard market share. • These measures, including more competitive pricing, resulted in an overall year-on-year decline in gross profit for the period.

2. Higher Credit-Impairment Provisions • In response to evolving market risk conditions, the Group increased provisions for expected credit losses on certain trade receivables. • The precautionary move further compressed the company’s bottom line.

The Board emphasized that the figures are based on internal management accounts and have not been reviewed or audited by external auditors. DEEWIN plans to release full interim results by the end of August 2026.

Shareholders and potential investors are urged to exercise caution when dealing in the company’s shares until the detailed interim report is published.