Zhejiang Zhongfu Industrial Co., Ltd.: Net profit is expected to increase by 392.14% - 583.53% in 2025.

Zhezhong Co., Ltd. announced that it is expected that the net profit attributable to the shareholders of the listed company in 2025 will be between 360 million and 500 million yuan, an increase of 392.14% - 583.53% compared to the same period last year, when it was 73.1493 million yuan. The net profit after deducting non-recurring gains and losses is expected to be between 80 million and 120 million yuan, a decrease of 56.71% - 35.06% compared to the same period last year, when it was 185 million yuan. The basic earnings per share is expected to be between 0.85 and 1.18 yuan/share. The performance change is due to a decline in profits from the switchgear business, but a significant increase in fair value changes in financial assets and investment income. However, the accuracy of the performance forecast is uncertain, and the final figures will be based on the annual report for 2025.