Petrochemical machinery: expected net profit to decrease by 89%-92% year on year in 2025.

Announcement from Petrochemical Machinery: It is expected that the net profit for the year 2025 will be between 8 million to 11 million yuan, a decrease of 89% to 92% compared to the previous year. In 2025, due to the impact of the downward fluctuation of international oil prices, there has been a reduction in upstream oil and gas exploration investments, leading to a decrease in the quantity and price of the company's main products and services. In order to effectively deal with these adverse factors, the company has actively carried out activities to enhance efficiency, strictly controlled costs and expenses. However, due to a decrease in overall operating income, the performance has declined.