Keshun Group: It is expected that the net profit will be a loss of 380 million to 570 million yuan in 2025.

Keshun Holdings announced that it is expected to incur a net loss of 380-570 million yuan in 2025, compared to a profit of 44.071 million yuan in the same period last year. Based on prudence principle and accounting standards, the company has conducted comprehensive impairment testing on high-risk customers, long overdue receivables, as well as some idle fixed assets, mortgage-backed assets, and inventory, and has made sufficient impairment provisions. It is estimated that the impact of credit and asset impairment losses will be around 750 million yuan.