KE MING FOOD announced that it expects a net loss attributable to shareholders of the listed company of 35 million to 60 million yuan from January 1, 2026, to June 30, 2026, compared to a net profit of 100 million yuan in the same period last year. The net loss after deducting non-recurring gains and losses is expected to be 30 million to 55 million yuan, compared to a net profit of 93.0387 million yuan in the same period last year. The main influencing factors are as follows: 1. During the reporting period, the company's breeding segment achieved continuous production cost reductions through measures such as strengthening the health management of pig fattening, optimizing feed formulas, improving breeding management, and investing in research and development. However, due to a significant decline in the sales price of pigs compared to the same period last year, the profit from the company's pig breeding business decreased year-on-year. 2. During the reporting period, the company's food segment was affected by fluctuations in raw material costs, leading to a decline in the gross profit margin of the company's products and a decrease in profits