Kangxin New Materials: It is expected to incur a net loss of 394 million yuan in 2025.

Kangxin New Materials announced that it is expected to have a net loss of 394 million yuan attributable to shareholders of the listed company in the year 2025. In 2025, the supply and demand of the container market continued to adjust, with sales prices and volumes of container floors declining in sync, compounded by factors such as asset impairment, causing the company's loss in 2025 to expand compared to the same period last year.