Xiangjia Co., Ltd.: It is expected that the net profit will decrease by 58.20%-67.38% year-on-year in 2025.

Shangjia Group Announcement: It is expected that the net profit for the year 2025 will be between 32 million and 41 million yuan, a year-on-year decrease of 58.20% to 67.38%. In 2025, the company's main business maintained steady growth, especially the performance of the fresh food business. However, affected by industry cyclic fluctuations, product prices declined year-on-year, leading to a decrease in the company's operating performance year-on-year, mainly reflected in: 1. The live poultry market was sluggish in 2025, with the average selling price of live poultry at 9.82 yuan/kg, a year-on-year decrease of 8.91%, resulting in a decrease in profitability of the live poultry sector. 2. In other business areas, the selling prices of live pigs, poultry, and eggs also showed varying degrees of decline in the reporting period, and the production capacity of the cooked food sector has not been fully released.