Shenzhen Xinxing: It is estimated that the net loss in 2025 will be between 46 million and 69 million yuan.

Shenzhen Xinxing announced that it is expected that the net profit attributable to the owners of the parent company in the year 2025 will be between -69,000,000 yuan and -46,000,000 yuan. Compared with the same period last year, the loss will be reduced by 222,173,000 yuan to 245,173,000 yuan; the net profit after deducting non-recurring gains and losses will be between -73,500,000 yuan and -50,500,000 yuan. The net profit attributable to the owners of the parent company in the same period of the previous year was -291,173,000 yuan. The main reason for the expected loss in performance is that the new production line has not stabilized production, and the profit margin of lithium hexafluorophosphate products has been compressed. The forecast is unaudited, and the annual report shall prevail.