Astone Chuang: It is expected that the net profit will be negative in 2025, with an estimated range of -40 to -60 million yuan.

A Shi Chuang announced that it is expected to have a negative net profit for the year 2025, with an estimated amount of -40 to -60 million RMB. During the reporting period, the company's research and development investment in special projects and terminal cooperation increased significantly compared to the previous year; in order to cope with the risk of fluctuations in raw material prices, the company engaged in futures hedging and silver leasing businesses. During the reporting period, the significant increase in the prices of some raw materials resulted in a large amount of investment losses from futures hedging and silver leasing businesses, as well as losses from fair value changes.