Xujiahui: It is expected that the net profit in 2025 will be negative, with an estimated loss of 24 to 12 million yuan.

Xujiahui announcement: It is expected that the net profit for the year 2025 will be negative, with an estimated loss of 24 to 12 million yuan. The company plans to dispose of the pre-existing investment costs that have been incurred for this project and are not relevant to the new plan, in accordance with the relevant requirements of the "Enterprise Accounting Standards". The specific impact will be confirmed by the annual audit of the accountants.