ZX Inc. issued a profit warning on August 23, 2024, expecting a net loss of approximately RMB 360.0 million to 400.0 million in the first half of 2024, sharply contrasting with the net profit of approximately 300.3 million in the same period in 2023. The loss is mainly due to increased sales and distribution expenses, asset impairment losses, and investment losses resulting from fluctuation in the prices of publicly traded stocks held. Mr. Wu Xubo, Chairman and Executive Director of the board, stated that these preliminary data are based on unaudited comprehensive management accounts and other available information, advising shareholders and potential investors to exercise caution when trading shares. The final performance data may be adjusted.

ZX Inc. issued a profit warning on August 23, 2024, expecting a net loss of approximately RMB 360.0 million to 400.0 million in the first half of 2024, sharply contrasting with the net profit of approximately 300.3 million in the same period in 2023. The loss is mainly due to increased sales and distribution expenses, asset impairment losses, and investment losses resulting from fluctuation in the prices of publicly traded stocks held. Mr. Wu Xubo, Chairman and Executive Director of the board, stated that these preliminary data are based on unaudited comprehensive management accounts and other available information, advising shareholders and potential investors to exercise caution when trading shares. The final performance data may be adjusted.