FilingReader Intelligence

Shanghai Pioneer warns of 45% profit decline

August 12, 2025 at 08:44 AM UTCBy FilingReader AI

Shanghai Pioneer Holding Ltd expects a 45% to 48% decrease in net profit for the six months ended June 30, 2025, compared to RMB87.9 million for the same period last year.

The decline is primarily attributed to a reduction of over RMB30.0 million in government grants received.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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