Bairong Inc. (06608.HK): Profit Warning, Expected to Swing From Profit to Loss in Interim Period With Net Loss of RMB 320 Million to RMB 360 Million

NewTimeSpace News: On 28 July 2026, Bairong Inc. (06608.HK) issued a profit warning. The Group anticipates an interim net loss ranging from RMB 320 million to RMB 360 million, a reversal from a net profit of roughly RMB 201 million recorded in the corresponding period last year.

According to the announcement, the loss is primarily caused by the suspension of product operations by credit clients of certain mature businesses in response to the implementation of financial regulatory policies, which triggered a sharp decline in revenue from relevant businesses and a drop in both the revenue volume and proportion of high-margin mature businesses. Although the AI new business (AICC business) achieved substantial year-on-year growth, its revenue failed to fully offset the revenue shortfall. While selling expenses decreased markedly, the Group continued to ramp up investment in AI research and development, resulting in a limited overall reduction in total expenses.

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