Fushun Special Steel: it is expected that the net profit will be a loss of 260 million to 300 million yuan in the first half of 2025.

Fushun Special Steel Announcement: It is expected that the net profit attributable to shareholders of the listed company in the first half of 2025 will be between -260 million yuan and -300 million yuan, a decrease of 214.06% to 231.60% compared to the same period last year. It is expected that the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses in the first half of 2025 will be between -260 million yuan and -300 million yuan, a decrease of 217.24% to 235.27% compared to the same period last year. The performance forecast data for this period has not been audited by a certified public accounting firm. Due to market demand, some products' orders and prices have decreased compared to the previous period; the company's new projects are gradually being put into production, but due to the influence of the market environment in the steel industry, the actual output of the new projects is lower than expected, leading to an increase in the fixed costs allocated per unit of product.