Overseas Services: Expected loss of 13.5-14.5 billion yuan by 2025.

Overseas Services issues profit warning, with the company expecting a net loss attributable to owners of approximately RMB 1.35 billion to RMB 1.45 billion in 2025. In the same period last year, the company recorded a net profit attributable to owners of approximately RMB 28.9 million. This is mainly due to the continued adverse impact of the Chinese real estate market and the overall sluggishness of the real estate market, leading to longer settlement periods for related businesses, impairment losses on inventory and goodwill, and losses related to the return of parking spaces to the Far Ocean Group by the group.