JieRong Technology: It is expected to have a net loss of 397 million yuan in 2025.

Jie Rong Technology Announcement: It is expected that the net profit for the year 2025 will be negative, with an estimated net loss of 397 million yuan. In the same period last year, the net loss was 298 million yuan. During the reporting period, the company's operating income has increased compared to the same period last year, but profits have shown a decline. The main reasons are as follows: on one hand, the market demand for the company's traditional business sector, including mobile phones and tablets, precision structural component products, has not shown obvious improvement, leading to price pressure and overall performance loss for the company; on the other hand, in recent years, the company has been continuously expanding its non-traditional mobile phone precision structural component business to improve its operational situation, resulting in an increase in the number of business orders and operating income. However, as the total number of orders in the non-traditional business sector currently accounts for a relatively low proportion of the company's total income, the overall trend of losses for the company has not been reversed.