Constant Energy Saving: Expected net profit to be negative in 2025.

Hengshang Energy Conservation Announcement: It is expected that the net profit attributable to shareholders of the listed company in 2025 will be between -26 million and -38 million yuan, resulting in a loss compared to the same period last year. The net profit attributable to shareholders of the listed company in the same period last year was 93.35 million yuan.