ST Modern: Net loss of 44.91 million yuan in 2025.

ST Modern Announcement: In 2025, the operating income was 603 million yuan, a year-on-year increase of 178.75%. The net loss in 2025 was 44.91 million yuan, compared to a net loss of 62.09 million yuan in the same period last year. The company plans not to distribute cash dividends, bonus shares, or increase share capital with reserve funds.