Qinqin Foods (the Group) has issued a profit warning for the six months ended 30 June 2026, citing softer consumer demand in traditional retail channels and lower utilisation of production facilities.

Revenue Outlook Management’s preliminary figures indicate revenue of approximately RMB 485.00 million, down 8% from RMB 530.00 million in the prior-year period. The decline was mainly attributed to weaker sales via traditional channels, partly offset by growth in snack-food chains and OEM manufacturing.

Profit Guidance Profit attributable to equity shareholders is expected to range between RMB 4.00 million and RMB 6.00 million, a drop of roughly 73%–82% from RMB 22.00 million a year earlier. The slide reflects: 1. Reduced sales volumes of jelly and rice-wine products, leading to lower plant utilisation and diminished economies of scale. 2. A resulting gross-profit contraction of about RMB 22.00 million and a gross-margin erosion of roughly 2 percentage points.

Reporting Schedule The figures are based on draft unaudited management accounts and are subject to review. Final interim results are scheduled for release in mid-August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.