Zhongli Group forecasts narrowed half-year loss amid recovery

Jiangsu Zhongli Group anticipates a net loss of RMB 65.90 million to RMB 89.20 million for the first half of 2025, a substantial improvement from the RMB 265.77 million loss in the same period last year.

The company attributes the narrowed loss to cost reduction initiatives and decreased interest-bearing debt, leading to reduced management and financial costs. Production and operations remain in recovery phase and have not fully realized economies of scale.