Laiyifen: It is expected that the net profit will be a loss of 70 to 47 million yuan in the first half of 2025.

Laiyifen Announcement: The net profit attributable to shareholders of the listed company for the first half of 2025 is expected to be between -70 million and -47 million yuan, and the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between -76 million and -51 million yuan. The company expects non-recurring gains and losses to have an impact on net profit of between -4 million and -6 million yuan. The main reason for the performance loss is the company's partial regional store type and structural adjustments, leading to a year-on-year decrease in the number of directly operated stores and revenue.