Fangyuan Company: Revenue deficit in 2025, but the extent significantly reduced compared to the same period last year.

Fangyuan Co., Ltd. announced that it is expected that the net profit attributable to the owners of the parent company in 2025 will be between -1.20 billion yuan and -0.80 billion yuan, compared to -4.27 billion yuan for the same period last year; the non-net profit will be between -1.17 billion yuan and -0.78 billion yuan, compared to -4.43 billion yuan for the same period last year. In the first half of 2025, the company suffered losses due to transformation and restructuring factors, but in the second half of the year, the application of new technologies on a large scale, an increase in product shipment volume, a rise in metal prices leading to an increase in gross profit margin, and a reduction in inventory depreciation reserves, among other factors, resulted in a turnaround in the second half, and the full-year loss narrowed significantly.