ST Taihe: Estimated revenue for 2025 is expected to be 3.8-4 billion yuan, with an annual performance loss projected.

According to the announcement of ST Taihe, based on preliminary calculations, the estimated revenue for 2025 is expected to be 380-400 million yuan, with a net income of 378-398 million yuan after deducting unrelated and substantial non-commercial income. The total profit is expected to be -243 to -203 million yuan, with a net profit attributable to shareholders of -244 to -204 million yuan, a non-GAAP net profit of -220 to -180 million yuan, and a year-end net asset value of 697-835 million yuan. The revenue for the previous year was 103 million yuan, with a net profit attributable to shareholders of -334 million yuan. The main reason for the expected loss in performance is the provision for bad debts, high management expenses, and losses from asset disposals. The company's stock has been subject to delisting risk warning, and if the financial data for 2025 still meets the delisting criteria, the stock will be delisted.