Changshan Beiming: Net profit turned from loss to profit in 2025, with a year-on-year increase of 105.90%.

Chang Shan Beiming Public Announcement states that in 2025, the company is expected to achieve a net profit attributable to the shareholders of the listed company of 35 million yuan, compared to a net loss of 593.47 million yuan in the same period last year, a year-on-year increase of 105.90%, achieving a turnaround from loss to profit; the net profit after deducting non-recurring gains and losses is -85 million yuan, compared to -636.37 million yuan in the same period last year, a year-on-year increase of 86.64%. The main reason for the performance change is the improvement in profitability after the disposal of the textile business in November 2024, as well as strengthened cost control. It is expected that non-recurring gains and losses in 2025 will have an impact of approximately 120 million yuan, an increase from the previous year. Specific financial data shall be subject to the 2025 annual report.