World Union: Expected net profit for 2025 is between -480 million yuan and -720 million yuan.

Shelley Travel announced that it is expected to have a negative net profit for the year 2025, with the net profit attributable to shareholders of the listed company estimated to be between -720 million and -480 million yuan, compared to -198 million yuan in the same period last year. The company's main business income has decreased, leading to a reduction in business gross profit, which has affected the current profit. At the same time, the company has conducted impairment tests on receivables with clear indications of impairment, and it is estimated that a provision for expected credit losses of approximately 110 million to 180 million yuan will be recorded.