Chengxing Co., Ltd.: It is expected to achieve a net profit of 6.5 million to 9.7 million yuan in 2025, turning losses into profits.

Chengxing Corporation announced that it is expected to achieve a net profit attributable to the owners of the parent company of 6.5 million to 9.7 million yuan in the fiscal year 2025, compared to -198.8964 million yuan in the same period last year, realizing a turnaround from loss to profit; the non-recurring net profit is expected to be -52 million to -28 million yuan. The turnaround in performance is due to an increase in production and sales scale, a decrease in energy costs, optimization of asset structure, and a reduction in financial expenses; as well as the completion of the disposal of idle assets, receipt of government subsidies, and achievement of a lawsuit settlement. Phosphoric acid production has increased by over 20% compared to the same period last year, and electricity generation has significantly improved year-on-year.