Shangmei Co., Ltd. (02145) is expected to earn revenue of about 3,718 billion yuan to 3,759 billion yuan in the medium term

Zhitong Finance App News, Shangmei Shares (02145) announced that the Group expects (i) revenue for the six months ended June 30, 2026 to be between approximately RMB 3,718 billion to RMB 3,759 billion, a decrease of approximately 9.5% to 8.5% from revenue of approximately RMB 4.108 billion for the six months ended June 30, 2025; and (ii) the company's profit for the six months ended June 30, 2026 is approximately RMB 120 million to RMB 130 million, compared to the six months ended June 30, 2025 Profit of approximately RMB 556 million decreased by about 78.4% to 76.6%.

According to currently available data, the decline in revenue is mainly due to the decline in sales revenue due to phased market factors, the scientific anti-aging skincare brand Han Shu, which accounts for a relatively high revenue share of the Group; at the same time, due to the decline in Han Shu's revenue, the gross profit contributed by the brand to the Group decreased accordingly; and the Group continued to invest in human resources, R&D and brands to support the long-term development of the multi-tier brand matrix based on a long-term strategic layout. Since July 2026, the sales revenue of the Han Shu brand has shown a gradual upward trend.