North Latitude Technology: It is expected that the net profit in 2025 will be negative, with an expected loss of 4 to 8 million yuan.

Notice from North Latitude Technology: It is expected that the net profit for the year 2025 will be negative, with an estimated loss of 4 to 8 million RMB. Operating income is expected to be between 350 million to 410 million RMB, compared to 282 million RMB in the same period last year. The company stated that in 2025, while the IoT business continues to focus on industry applications, it is actively exploring the personal consumer network business market. Operating income is expected to achieve steady growth, with a net loss mainly due to the following reasons: 1. The IoT business' personal consumer network business and mobile game business have increased marketing and promotion expenses. The related promotion expenses are recognized in the current period, but the corresponding user income is deferred and recognized over the service period, leading to the current investment and revenue not fully matching and the promotion effectiveness not fully realized.