Guanglian Technology Holdings (02531) announced interim results. Shareholders' losses of 43.245 million yuan were converted from profit to loss year-on-year

According to the Zhitong Finance App, Guanglian Technology Holdings (02531) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 242 million (same unit), a year-on-year decrease of 20.27%; losses attributable to the owners of the company were 43.245 million yuan, making profit of 19.121 million yuan in the same period last year; and a loss of 0.12 yuan per share.

The announcement said that during the reporting period, the business focus of car manufacturers and service stores was gradually shifting from new car sales to a shift in favor of services derived throughout the life cycle of car owners. In line with industry trends, the Group continues to focus on the development of software and service businesses with high gross margins. The software and service business revenue ratio increased from 83.0% in the same period of 2025 to 90.6% during the reporting period, and the gross margin of the software and service business also reached a high level of 82.7%, driving the Group's overall gross margin from 69.3% in the same period in 2025 to 75.3% in the reporting period. The business structure was further optimized.