Hongtian Co., Ltd.: Net profit in 2025 is expected to decrease by 85.26% - 90.17%.

Jiangsu Hongtian announced that it is expected to have a net profit attributable to shareholders of 11.5 million to 17.25 million yuan in 2025, a year-on-year decrease of 90.17% to 85.26%; the non-recurring net profit is expected to be -4.1 million to -2.05 million yuan, a year-on-year decrease of 105.27% to 102.64%. In the same period last year, the net profit attributable to shareholders was 116.99 million yuan, and the non-recurring net profit was 77.72 million yuan. The main reasons for the decline in performance are: some equipment orders were not completed for final acceptance, resulting in unconfirmed income; provision for impairment of related assets; increased research and development investment in the field of optical equipment; and a decrease in government subsidies received.