Xin'ao Corporation: Net profit in the first half of 2025 was 2.408 billion yuan, a year-on-year decrease of 4.82%.
New Ao shares announced that the operating income in the first half of 2025 was 65.991 billion yuan, a year-on-year decrease of 1.47%. Net profit was 2.408 billion yuan, a year-on-year decrease of 4.82%. The company plans to privatize New Ao Energy through its wholly-owned subsidiary, and to introduce it through an initial public offering on the main board of the Hong Kong Stock Exchange.
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