Guang Bai Stock Co., Ltd.: It is estimated that there will be a loss of 80 to 105 million yuan in 2025.

Guangbai Corporation announced that it is expected to have a net loss attributable to the shareholders of the listed company of 80-105 million yuan in 2025, compared to a profit of 47.6081 million yuan in the same period last year. After deducting non-recurring gains and losses, the net profit is expected to be a loss of 80-105 million yuan, compared to a profit of 18.8115 million yuan in the same period last year. The operating income is expected to be 3.35-3.45 billion yuan, compared to 5.528 billion yuan in the same period last year. The expected performance change is mainly due to the structural changes in the consumer market, the accelerated restructuring of online retail models, and the impact on the company's sales of fashion and other categories. The company actively adjusts its business layout in response to market changes, strategically exits some inefficient stores, focuses resources on upgrading scenes and optimizing services in core shopping districts flagship stores, vigorously expands new formats such as duty-free stores, and comprehensively promotes digital transformation, leading to a short-term decrease in the company's revenue and profit.