Peak Group: Net profit in the first quarter increased by 23879% year-on-year.

Peak Group released its first quarter report for 2025, which showed that the company's operating income was 584 million yuan, a decrease of 2.91% year-on-year; the net profit attributable to shareholders of the listed company was 582 million yuan, an increase of 23878.70% year-on-year. The main reason for this significant increase is the substantial increase in the profit of the equity-accounted joint venture, Tianyishili Group, during the reporting period.