Jiande International Holdings (00865) Fa Ying Jing estimates that shareholders should account for losses of about 64 million yuan to 67 million yuan in the medium term

According to Zhitong Finance App, Jiande International Holdings (00865) announced that the Group expects to obtain losses attributable to company owners between RMB 64 million and RMB 67 million in the six months ending June 30, 2026, while losses attributable to company owners for the six months ending June 30, 2025 are approximately RMB 2.45 million. The increase in losses was mainly due to the conversion of gross profit for the six months ended June 30, 2025 to gross loss for the six months ended June 30, 2026. This was due to the fact that in the six months ended June 30, 2026, the Group packaged and sold most of the remaining commercial properties and parking spaces of a real estate project completed in 2021 to an independent third party through bidding in order to reduce the inventory level of the Group's completed properties and improve its cash position.