Baichuan Co., Ltd.: It is expected that the net profit will be negative in 2025.

Baichuan Co., Ltd. announced that the net profit attributable to shareholders of the listed company in 2025 is expected to be between -110 million yuan and -60 million yuan, a decrease of 201.22% to 155.21% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between -128 million yuan and -78 million yuan, a decrease of 256.48% to 195.36% compared to the same period last year. The prices of the main products in the chemical sector are operating in the lower range in 2025. Although some projects in the new materials sector of the company have started production in 2025, the sales revenue and profits have increased significantly. However, due to the significant decline in the prices of some chemical products and the fact that the chemical sector is still the company's main sector, this has affected the company's annual profit.