Jingwei Tiandi (02477) announced the interim results. The loss attributable to equity holders was approximately RMB 41.6 million year-on-year profit to loss

According to the Zhitong Finance App, Jingwei Tiandi (02477) announced the 2026 interim results. The revenue decreased by about 8.2% to about 82.6 million yuan. The loss attributable to the company's equity holders was about 41.6 million yuan, a year-on-year profit to loss; the basic loss per share was about 1.04 points.

According to the announcement, losses were mainly due to (i) fair value losses of financial assets that are calculated as profit and loss at fair value; (ii) due to market saturation, increased industry competition, and rising operating costs, the Group's telecom business lost during the period and made profits in the same period of 2025; and (iii) the launch of the fintech business in the second half of last year and the launch of an AI strategy upgrade during the reporting period to expand its business to the AI infrastructure computing power service sector. These new businesses increased employees' corresponding welfare expenses and other operating expenses.