Gu'Ao Technology: It is expected that the net profit will be a loss of 220 million to 360 million yuan in 2025.

Guao Technology announcement, expected net loss of 220 million to 360 million yuan in 2025, compared with a loss of 351 million yuan in the same period last year. During the reporting period, the company's performance changes were mainly due to: 1. the company confirming the gains and losses of long-term equity investments in accordance with relevant regulations such as "Enterprise Accounting Standards No. 2 - Long-term Equity Investments"; 2. the company's traditional business was affected by market conditions and industry factors, intensifying competition, shrinking market demand, and a decline in gross profit of traditional business during the reporting period; 3. the company made provision for impairment of long-term equity investments in accordance with relevant regulations such as "Enterprise Accounting Standards No. 8 - Impairment of Assets".