Million Cities expects H1 profit after tax of RMB 2 million-RMB 10 million

• Million Cities expects profit after tax of RMB 2 million to RMB 10 million for the six months ended June 30, 2026.
• That compares with a loss after tax of about RMB 4 million in the prior-year period.
• Profit attributable to equity shareholders is forecast at RMB 2 million to RMB 10 million, versus a loss of about RMB 2.2 million.
• Outlook reflects associates swinging to net profit, driven by delivered Dragon Palace Phase 2 Section 4 property sales in Henan.
• Selling expenses fell on lower marketing costs; administrative expenses dropped on reduced staff costs, professional fees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Million Cities Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260817-12286418), on August 17, 2026, and is solely responsible for the information contained therein.