Remote cable: Net profit in 2025 is 20.6 million yuan, a decrease of 70.66% year-on-year.

Faraway Cable announced that from January 1 to December 31, 2025, the company is expected to have a net profit of 20.6 million yuan, a decrease of 70.66% compared to the same period last year; the net profit attributable to shareholders of the listed company is 2.25 million yuan, a decrease of 96.80% year-on-year; the net profit after deducting non-recurring gains and losses is a loss of 22.7 million yuan, a decrease of 141.82% year-on-year. The decline in performance is mainly due to the recognition of input tax offset income in the same period of the previous year, which is 0 in this period; the provision for credit impairment losses has increased; the gross profit margin of products has decreased; and the bankruptcy liquidation of a subsidiary company controlled by the company has led to a decrease in net profit attributable to the parent shareholders by approximately 18 million yuan. The performance forecast is unaudited, and specific data will be disclosed in the annual report.