Bailian Group: Net profit expected to decrease by 49.60%-66.44% in 2025 compared to the previous year.

Baiqian Holdings announced that it is expected to have a net profit attributable to the owners of the parent company of 526 million to 790 million yuan in 2025, a decrease of 777 million to 1.041 billion yuan compared to the same period last year, a decrease of around 49.60% to 66.44% year-on-year; the non-recurring net profit is expected to be 85 million to 128 million yuan, a decrease of 26 million to an increase of 16 million yuan compared to the same period of the previous year, a decrease of around 23.46% to an increase of 14.80%. The decrease in net profit is mainly due to the investment income obtained from the issuance of Huaxin Bailian Consumer REIT in the same period last year.