Hongchuan Intelligence: It is expected that the net profit will be a loss of 443 million to 475 million yuan in 2025, a year-on-year loss.

Hongchuan Wisdom announced that it is expected to incur a net loss of 443 million to 475 million yuan in the financial year 2025, compared to a profit of 158 million yuan in the same period of the previous year. During the reporting period, the company's rental rate and operating income decreased due to reduced downstream demand in the industry, resulting in a decrease in gross profit margin. In addition, the impact of asset impairment provisions led to the company's performance forecasted net profit to be negative for the period.