Jiade attributes wider first-half 2026 net loss to compensation and higher expenses
JDZG•Jiade reported a net loss of RMB 50.55 million for the six months ended June 30, 2026, citing higher expenses, including RMB 32.96 million in share-based compensation. Revenue fell 12% to RMB 8.27 million, and operating cash outflow widened to RMB 9.07 million.
1. First-half results
Jiade's management attributed its RMB 50.55 million net loss for the six months ended June 30, 2026, primarily to higher expenses. Share-based compensation totaled RMB 32.96 million, contributing to general and administrative expenses of RMB 48.85 million; revenue fell 12% to RMB 8.27 million as adult education enrollment, safety training enrollment and pricing declined.
