Multi-dimensional presentation of development resilience Hundreds of central enterprises hold listed companies to achieve good performance in 2025.

Recently, A-share listed companies controlled by central enterprises have intensively disclosed their 2025 full-year performance forecasts. Overall, the performance of central enterprises shows a positive trend of multi-level and three-dimensional improvement: some companies have achieved significant profit growth in advantageous industries; some companies have successfully turned losses into profits, returning to a healthy development track; and some companies still face challenges but have significantly narrowed their losses through profound reforms. In general, more than 110 centrally-controlled listed companies are expected to have a "pre-happy" performance in 2025, with 23 companies turning losses into profits, 46 companies achieving year-on-year growth in net profit, and 41 companies narrowing their losses. In terms of industries, the defense industry, steel industry, chemical industry and other sectors have performed well.