Huaguang New Materials: It is expected that the net profit for the year 2025 will increase by 104.67% to 141.88% year-on-year.

Huangguang New Materials Announcement: It is expected to achieve a net profit attributable to the owners of the parent company of 165 million to 195 million yuan in 2025, an increase of 84.3826 million to 114 million yuan compared to the same period last year, a year-on-year increase of 104.67% to 141.88%. It is expected to achieve an operating income of about 25 billion yuan in 2025, an increase of 5.82 billion yuan compared to the same period last year, a year-on-year increase of 30.36%. The main reasons for the changes in performance this period are: during the reporting period, the company further increased research and development of new products and technologies, fully leveraging the characteristics of the welding materials "industrial universal adhesive," and continuously expanding the industrial chain layout. In 2025, based on steady growth in operating income in mature fields, there will be significant growth in operating income in new tracks, with operating income in the electronics field growing by over 100% year-on-year, where AI liquid cooling accounts for about 5% of total operating income.