Ocean King: It is expected that the net profit will be between 96 million and 125 million yuan in 2025, turning losses into profits year-on-year.

Ocean King announced that it is expected to achieve a net profit of 96 million to 125 million yuan in 2025, compared to a loss of 147 million yuan in the same period last year. During the reporting period, the company's profit increased significantly compared to the same period last year, mainly benefiting from: first, the company efficiently executed strategies around annual goals, focused on core business to actively respond to a complex market, and promoted the stable operation of main business. Secondly, its holding subsidiary, Shenzhen Mingzhihui Smart Technology Co., Ltd., strengthened market development efforts, which initially showed results in new growth areas such as urban renewal. The company continued to strengthen the management and collection of accounts receivable, resulting in a significant improvement in credit impairment losses and asset impairment losses compared to the same period last year.