Tianshu Zhixin (09903) is profitable. It is expected that the mid-term net profit will be about 60 million yuan to 140 million yuan, turning a year-on-year loss into a profit

According to the Zhitong Finance App, Tianshu Zhixin (09903) issued an announcement. It is expected that the Group will obtain a net profit of about RMB 60 million to RMB 140 million for the six months ending June 30, 2026 (reporting period), while a net loss of approximately RMB 609 million will be achieved for the six months ending June 30, 2025.

The Board of Directors believes that the Group's performance during the reporting period turned a loss into a profit, mainly due to fair value earnings from financial assets recorded at fair value between approximately RMB 730 million and RMB 790 million during the reporting period. This was mainly due to a significant increase in unrealized net income from the Group's stock investments in a company listed on the Shanghai Stock Exchange.