SUNING: It is estimated that the net profit in 2025 will decrease by 81% to 87% year-on-year.

SUN Energy announced that it is expected to achieve a net profit attributable to the owners of the parent company of 182 million to 259 million yuan in 2025, a decrease of 1.126 billion to 1.203 billion yuan compared to the same period last year, a year-on-year decrease of 81% to 87%. It is expected to achieve a net profit attributable to the owners of the parent company of 160 million to 237 million yuan after deducting non-recurring gains and losses in 2025, a decrease of 1.179 billion to 1.256 billion yuan compared with the same period last year, a year-on-year decrease of 83% to 89%. Mainly affected by factors such as the decrease in coal sales prices, operating income and net profit decreased year-on-year; the controlling subsidiary Shaanxi Guojiahe Coal Industry Co., Ltd. experienced an increase in tax burden costs due to changes in the income tax rate; factors such as the termination of recognition of certain deferred income tax assets increased the consolidated financial statements' income tax expense by 322 million yuan, resulting in a year-on-year decrease in net profit.