Fengle Seed Industry: It is expected that the net profit will be a loss of 25-30 million yuan in the first half of 2025.

Fengle Seed Industry Announcement: It is expected that the net profit attributable to the shareholders of the listed company from January 1 to June 30, 2025, will be a loss of 25-30 million yuan. The same period last year was a loss of 22.3422 million yuan. Seed business revenue decreased year-on-year, but profit increased year-on-year. Among them, the sales revenue of hybrid rice seeds increased year-on-year, with the newly launched LeYou series and XiangLiangYou series varieties showing excellent performance in yield, disease resistance, etc., high gross profit, and raising the average unit price. Corn seed sales revenue decreased year-on-year, mainly due to factors such as oversupply in the domestic corn seed market, increasing pressure to destock in the industry, and intensifying market competition; and lower-than-expected market rights protection for genetically modified variety Iron 391K, leading to an increase in returns.