Friendship Group: Poor performance in 2025, stocks may face delisting risk warning.

Jiu You Shares announced that, according to preliminary calculations, the estimated total profit for 2025 is -23 million yuan, the net profit attributable to the owners of the parent company is estimated to be -19 million yuan, and the non-GAAP net profit is estimated to be -24.5 million yuan. The operating income is estimated to be 170 million yuan, which is reduced to 164 million yuan after deducting related income, lower than 300 million yuan. 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 conditions are met, the stock will be suspended from trading from the disclosure date, and the Shanghai Stock Exchange will issue a warning within 5 trading days of the suspension. The company will announce in advance one day before resuming trading.