Does Shijiazhuang lose money sincerely?

Loss. China MCC announced that MCC Jingcheng Engineering Technology Co., Ltd., a holding subsidiary of the company, introduced Shigang as a strategic investor. MCC Jingcheng 20 12 and 20 13 suffered continuous losses in the first half of the year, some production equipment stopped production, the investment and construction were not fully completed, and the production capacity was not fully utilized. Affected by this project, the operating income and gross profit of the company's equipment manufacturing sector decreased year-on-year. Shigang Jingcheng Equipment Technology Co., Ltd. is jointly funded by Shijiazhuang Iron and Steel Co., Ltd. and MCC Jingcheng Engineering Technology Co., Ltd.