Norway Zan: It is estimated that the net profit will be a loss of 10 to 20 million yuan in 2025.

NOWAY's announcement predicts a net loss of 20 to 10 million yuan for the year 2025. In the year 2025, the company is expected to incur a loss, mainly due to the following reasons: It is expected that the operating income to be achieved during the reporting period will be basically flat compared to the same period last year, mainly because the value-added tax rate on the company's biological products has been adjusted from 3% to 13%, which will have a negative impact on overall revenue and profitability.