Modern investment: In 2025, the revenue was 5.934 billion yuan, and the net profit increased by 48.21% year-on-year.

The modern investment announcement stated that in 2025, the revenue was 5.934 billion yuan, an increase of 6.41% year-on-year; the net profit was 508 million yuan, an increase of 48.21% year-on-year. By industry, revenue from the road transportation industry was 2.699 billion yuan, a decrease of 5.96% year-on-year; revenue from commodity trading was 2.665 billion yuan, an increase of 27.89% year-on-year. The issuance scale of the "25 Modern 01" bonds was 1 billion yuan, and the funds raised have been used for the agreed purposes, with interest payments completed on March 4, 2025. The issuer's operation is stable, and there have been no significant adverse changes in debt repayment willingness and ability.