Loniushan: Net profit in 2025 was 154 million yuan, a year-on-year decrease of 36.39%.

Loniushan Announcement: In 2025, the operating income is 3.377 billion yuan, a year-on-year increase of 1.34%. The net profit is 154 million yuan, a year-on-year decrease of 36.39%. The profit distribution plan approved by the board of directors is: based on 1.152 billion yuan, cash dividends of 0.35 yuan per 10 shares will be distributed to all shareholders, no bonus shares will be issued, and no capital reserve will be used to increase capital.