: It is expected that the net profit will be a loss of 300 million to 200 million yuan in 2025.

Tianhao Energy announced that it is expected to incur a net loss of 300 million to 200 million yuan in 2025, compared to a profit of 1.25 billion yuan in the same period last year. The company's business operations were normal during the reporting period. The main reason for the expected loss in 2025 is the decrease in investment income from affiliated companies and the increase in provision for asset impairment.