BAIWANG CO (06657) released its annual performance, with a shareholder's net loss of approximately 9.628 million yuan, a year-on-year decrease of 98.08%.

BAIWANG CO (06657) released its full-year performance for 2025, with a revenue of 729 million yuan, an increase of 10.53% year-on-year. The company reported a net loss attributable to shareholders of approximately 9.628 million yuan, a decrease of 98.08% year-on-year. Adjusted net profit (measured under non-international financial reporting standards) was 3.01 million yuan, turning a loss into a profit year-on-year. The loss per share was 0.04 yuan. The announcement stated that the net loss decreased by 98.08% year-on-year, and adjusted net profit turned from a loss to a profit. This was attributed to the growth in gross profit of 53.9 million yuan (an increase of 100%) from the artificial intelligence business, a growth of 30.9 million yuan (an increase of 21.6%) from financial and tax digital solutions, and strict cost efficiency optimization, which drove an overall increase in gross profit margin of 2.3 percentage points.