NEW VISION CO (02632.HK): profit warning, expected loss attributable to owners of the parent of approximately RMB 404 million to RMB 424 million for 2026 interim period

NewTimeSpace News: NEW VISION CO (02632.HK) announced on 16 August 2026 that for the six months ended 30 June 2026, the loss attributable to owners of the parent is expected to be in the range of approximately RMB 404 million to RMB 424 million, with the loss before tax expected to be in the range of approximately RMB 402 million to RMB 422 million.

In terms of the reasons, based on the information currently available, the above loss is mainly attributable to the change in fair value of convertible preferred shares issued by the Company during its pre-IPO financing, as the increase in the Company's pre-IPO valuation led to an increase in the value of the preferred shares. Other factors such as the Company's IPO listing expenses and increased resource investment in overseas business expansion also had a slight impact on the loss.

As of the close of trading on 17 August 2026, NEW VISION CO rose 5.46% to close at HKD 88.9, with an intraday high of HKD 91. Full-day turnover was HKD 9.8925 million, and the latest market capitalization was HKD 9.693 billion.