YINGFENG announced a pre-loss, expecting a net loss attributable to the parent company of 17 million to 23 million yuan in the first half of the year

YINGFENG expects a net loss attributable to the parent company of RMB 17 million to RMB 23 million in the first half of 2025, mainly due to the impact of tariff events on the textile and apparel industry chain, resulting in a significant decrease in sales orders and a year-on-year decline in sales revenue. At the same time, after the third division commenced production, the capacity utilization rate was insufficient, and fixed costs increased, further exacerbating the losses