Tianyoude Wine: It is expected that the net profit will decrease by 85%-90% in 2025 compared to the previous year.

Tianyoudewine announcement, it is expected that the net profit for the year 2025 will be between 4.2135 million yuan to 6.3202 million yuan, a year-on-year decrease of 85.00% to 90.00%. In 2025, the liquor industry has entered a period of deep adjustment, with insufficient demand in some consumption scenarios, slow recovery, and pressure on consumption demand. The proportion of the company's own high-end products in the market has declined, and it is expected that operating income will decrease by less than 13% year-on-year. At the same time, in order to continue revitalizing the market, strengthen end sales, and consolidate the brand's market position, the company will maintain the necessary market investment intensity. The decrease in sales expenses is lower than the decrease in operating income, combined with the impact of declining revenue, resulting in the company achieving a net profit attributable to shareholders of listed companies of 4.2135 million yuan to 6.3202 million yuan, a year-on-year decrease of 85% to 90%.