Confucianism in China: It is expected to achieve a comprehensive net profit after tax of approximately 1 to 1.2 billion in the first half of the year, turning losses into profits.

On the morning of July 30th, China Ruixin announced on the Hong Kong Stock Exchange that the board of directors expects the group to record an unaudited post-tax comprehensive net profit of approximately 1 billion to 1.2 billion yuan for the six months ending June 30, 2025, in accordance with Hong Kong Financial Reporting Standards. This is compared to a post-tax net loss of approximately 123 million yuan for the same period last year, achieving a turnaround from loss to profit. The group expects unaudited revenue for the reporting period to reach approximately 2.1 billion to 2.3 billion yuan, representing a 14% to 25% increase from the approximately 1.84 billion yuan reported for the same period in 2024.