Research Institute: Net loss of 163 million yuan in 2025.

According to the research institute's announcement, the operating income in 2025 was 1.688 billion yuan, an increase of 12.50% year-on-year. The net loss attributable to the shareholders of the listed company was 163 million yuan, compared to 222 million yuan in the same period last year. The company plans not to distribute cash dividends, bonus shares, or increase share capital by converting reserves.