Zhongchuang Technology: it is estimated to have a loss of about 24 million yuan in 2025, a year-on-year change from profit to loss.

On January 29th, ZTE Corporation disclosed its performance forecast, predicting a net loss of approximately 24 million yuan in 2025, compared to a profit of 38.71 million yuan in the same period last year, a year-on-year change from profit to loss. During the reporting period, the company's operating income decreased year-on-year; at the same time, the company continued to increase its investment in research and development and market development, with research and development expenses and sales expenses increasing year-on-year; additionally, the company made provisions for credit impairment losses on accounts receivable in accordance with relevant regulations.