Baili Electric: It is expected that the annual net profit for 2025 will be between 80 million and 100 million yuan, turning losses into profits.

Bairi Electrical announces that it is expected to achieve a net profit attributable to the owners of the parent company of 80-100 million yuan in the fiscal year 2025, compared to a net loss in the same period last year. The net profit attributable to the owners of the parent company in the same period last year was -109 million yuan. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses in the fiscal year 2025 will be 75-95 million yuan. In the previous year, the company made a provision for impairment of goodwill regarding the acquisition of an 86.735% equity stake in Liaoning Rongxin Xingye Electric Power Technology Co., Ltd., totaling 217 million yuan, leading to a loss in the fiscal year 2024. There will be no impact from impairment of goodwill provision in the fiscal year 2025.