Zhongchen Corporation: Estimated net profit will be negative in 2025.

Zhongchen Corporation announced that it is expected to have a negative net profit for the year 2025. The net profit attributable to shareholders of the listed company is expected to be in the range of -15 million to -8 million RMB, compared to 38.12 million RMB in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be in the range of -40 million to -33 million RMB, compared to 17.54 million RMB in the same period last year. The performance change is mainly due to fluctuations in copper prices, intensified industry competition, and rising raw material procurement costs.