Wanrun New Energy: It is expected that the net loss will be 400 million to 480 million yuan in 2025, a year-on-year decrease in losses.

Wanrun New Energy announced that it is expected to achieve a net loss attributable to the parent company owner of -0.48 billion to -0.4 billion in 2025. Compared to the same period last year, the loss is expected to decrease by 3.9 billion to 4.7 billion, an increase of 44.85% to 54.04% year-on-year. It is expected that the net profit attributable to the parent company's owner, excluding non-recurring gains and losses, will be -0.429 billion to -0.358 billion in 2025. Compared to the same period last year, the loss is expected to decrease by 4.63 billion to 5.34 billion, an increase of 51.89% to 59.85% year-on-year.