Chengfa Environment: It is expected that the net profit will increase by 0.31%-12.57% in 2025 compared to the previous year.

City Development Environment Announcement: It is expected that the net profit for the year 2025 will be between 11.45 billion yuan and 12.85 billion yuan, a year-on-year growth of 0.31% to 12.57%. The net profit after deducting non-recurring gains and losses is expected to be between 9.1 billion yuan and 10.6 billion yuan, a year-on-year decrease of 17.15% to 3.49%. The estimated operating income is between 63 billion yuan and 68 billion yuan, compared to 66.11 billion yuan in the same period of the previous year.