Shenhua Holdings: Expected to lose 110 million to 185 million yuan in 2025.

Shen Hua Holdings announced that it is expected that the net profit attributable to shareholders of the listed company for the year 2025 will be between -185 million yuan and -110 million yuan, compared to a profit of 38.5998 million yuan in the same period last year; the non-recurring net profit will be between -195 million yuan and -120 million yuan, compared to -132 million yuan in the same period last year. The main reason for the expected loss in performance is the increased competition and price competition in the automobile market, as well as the pressure from price reductions in the complete vehicle manufacturing sector. In addition, non-operating income for this period is expected to be around 9 million yuan, a decrease from the same period last year. Specific financial data will be based on the 2025 annual report.