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● Net loss narrowed to RMB5.6 million from RMB55.0 million.
● Net loss attributable to common shareholders was $69.0 million, or $8.28 per share.
● Second-quarter revenue fell 2.1% to $1.93 billion as new vehicle units dropped 16.4%.
● Net sales fell 3.4% to US$111.6 million, with comparable sales down 3.5%.
● Net loss fell to US$1.92 million from US$8.41 million.
● Its Nasdaq compliance plan is due October 19, 2026.
● It announced a $45.5 million equity financing with management and one institutional investor.
● The net loss was $53.2 million, or $2.40 per diluted share.
● The net loss narrowed to US$4.4 million, or US$0.11 per diluted share.
● Adjusted EBITDA improved to US$4.8 million from US$3.0 million.
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