Jiuzhou Group: It is expected that the net profit for the year 2025 will be between 40 million to 50 million yuan, turning losses into profits compared to the previous year.

Jiuzhou Group Announcement: it is expected that the net profit for the year 2025 will be between 40 million and 50 million yuan, compared to a loss of 545 million yuan in the same period last year. The company continues to promote refined management and operational efficiency improvement, strengthen cost control, thereby driving the overall profit improvement. In the same period last year, the company made a significant provision for impairment losses on biomass power generation related assets based on a cautious evaluation of the future operating conditions. During this reporting period, the operating condition of the biomass power generation business has stabilized, with expectations of improved future cash flow, and no major asset impairment issues have occurred.