25, Tianshan Stock announced that the operating income in the first half of 2026 was 30.16 billion yuan, down 16.18% from the same period last year; the net profit loss attributable to shareholders of listed companies was 3.193 billion yuan, and the loss in the same period in 2025 was 924 million yuan; The net profit loss attributable to shareholders of listed companies after deducting non-recurring gains and losses was 3.55 billion yuan, and the loss in the same period in 2025 was 1.083 billion yuan.

In 2026, as the beginning of the Fifteenth Five-Year Plan, the company anchored the core direction of high-quality development, focusing on "one main line, two major tasks, three special projects, four modernizations and five types of security", deepening reform and innovation, strengthening coordination and linkage, building a solid foundation for development, and making every effort to hedge the downward pressure of the industry. Create new competitive advantages, foster new momentum for development, and strive to achieve double promotion of core competitiveness and core functions. During the reporting period, the company adhered to the main line of "high-quality development and promotion year", adhered to the operation idea of "internal and external training, internal strength", deepened the "three fine management" internally, continued to reduce costs and control expenses, promoted the ecological construction of the industry externally, actively responded to market changes, and comprehensively promoted optimization and upgrading, reform and innovation and Party building. Although the company has achieved phased results in cost reduction and cost control, quality and efficiency improvement, volume and market stabilization, transformation and upgrading, the improvement of operating quality and management efficiency is still not enough to hedge the huge impact of the industry's "volume and price fall", which ultimately leads to a sharp decline in operating performance.
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