Mao Huashi: It is expected that the net profit will be negative in 2025.

Maohua Shihua announced that it is expected that the net profit attributable to shareholders of the listed company in 2025 will be between -165 million to -131 million yuan, compared to -83.3831 million yuan in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between -189 million to -155 million yuan, compared to -187 million yuan in the same period last year. The basic earnings per share is expected to be between -0.32 to -0.25 yuan per share, compared to -0.16 yuan per share in the same period last year. During the reporting period, the supply of upstream raw materials in the chemical industry sector was insufficient and demand from downstream customers was weak. Some of the company's facilities were unable to operate at full capacity, and both the production volume and selling prices of some chemical products decreased year-on-year to varying degrees. This, coupled with a decrease in gross profit margins, resulted in a year-on-year decline in the operating profit of the chemical industry sector.