Jierong Technologies: Estimated net loss of 160 million yuan in the first half of 2025.

JieRong Technology Announcement: From January 1, 2025 to June 30, 2025, it is expected that the operating income will be 800 million yuan, an increase of 43.73% compared to the same period last year's 557 million yuan; the net profit attributable to shareholders of the listed company is expected to be a loss of 160 million yuan, a decrease of 26.23% compared to the loss of 127 million yuan in the same period last year; the net profit after deducting non-recurring gains and losses is expected to be a loss of 166 million yuan, a decrease of 25.44% compared to the loss of 132 million yuan in the same period last year; the basic earnings per share is expected to be a loss of 0.6493 yuan per share, a decrease of 26.22% compared to the loss of 0.5144 yuan per share in the same period last year. In order to improve operations, the company is vigorously expanding into non-mobile phone precision structural components business areas such as drones, smart homes, smart wearables, and tablets. Although new business orders have increased, they are still in the ramp-up production phase, with material consumption and debugging costs exceeding stable levels, resulting in short-term profit being negatively impacted.