Teer Heavy Industries: It is estimated that the net loss will be between 84.9 million yuan and 99.9 million yuan in 2025.

Tiel Heavy Industries announced that it is expected to have a net loss attributable to shareholders of the listed company in 2025 ranging from -99.90 million yuan to -84.90 million yuan, compared to 14.59 million yuan in the same period last year; the net profit after excluding non-recurring gains and losses is expected to be -107.65 million yuan to -92.65 million yuan, compared to -33.87 million yuan in the same period last year. The performance loss is mainly due to increased research and development investment and operating expenses, a decrease in product gross margin, and provisions for impairment of inventory assets. This performance forecast has not been audited, and specific data will be disclosed in the annual report.