Yangtze River Investment: Performance is expected to be in deficit by 2025, and the stock may be subject to delisting risk warning.

The announcement of Yangtze River Investment states that, according to preliminary calculations, the total profit for 2025 is expected to be between -30 million yuan and -20 million yuan, with a net profit attributable to the parent company expected to be between -45 million yuan and -30 million yuan, and a non-recurring net profit attributable to the parent company expected to be between -48 million yuan and -33 million yuan. Operating income is expected to be between 180 million yuan and 220 million yuan, which is below 300 million yuan after deducting related income. According to regulations, the company's stock may be subject to delisting risk warning after the disclosure of the 2025 annual report. If the relevant situation occurs, the stock will be suspended from trading starting from the date of the annual report disclosure, and the Shanghai Stock Exchange will implement a "delisting risk warning" within 5 trading days of the suspension. The company will announce one day in advance and resume trading the next day with the warning implemented. This is the second risk warning, and there will be at least one more disclosure before the annual report is released.