Huarong Holdings: If the revenue is less than 300 million and the net profit is negative in 2025, the company will face delisting.

Huarong Holdings announced that due to the audited non-GAAP net profit for the year 2024 being negative, and revenue after deducting relevant income being below 3 billion RMB, the company's stock will be subject to delisting risk warning starting from April 29, 2025. If the 2025 annual report shows circumstances stipulated in the Listing Rules, the company's stock may be delisted. The preliminary estimated annual performance for 2025 is a profit, but if the final annual report shows revenue below 3 billion RMB and negative net profit, it will trigger a financial delisting. This is the second risk warning announcement.