Qilu Huaxin: It is expected that the net profit will be negative in 2025.
Qilu Huaxin Announcement: It is expected that the net profit attributable to shareholders of the listed company in 2025 will be between -5.5 million yuan and -4 million yuan, a year-on-year decrease of 151.88% to 137.73%. The main reason for the net loss of the company in 2025 is the significant loss of its wholly-owned subsidiary Huaxin Gaoke. Huaxin Gaoke's product market is mainly for exports. The main reasons for the sharp decline in export revenue during the reporting period are the worsening international trade situation, the downturn in the global petrochemical industry, continuous low demand in the end market, contraction of the international market for products, shutdowns or production cuts of downstream foreign customers, and an increase in the comprehensive costs of downstream main export customers, significantly affecting the demand for the company's products.
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