Yueyang Xingchang: It is expected to lose 26-32 million yuan in the first half of the year, turning from profit to loss year-on-year.

Yueyang Xingchang disclosed its performance forecast on the evening of July 11, indicating that the company is expected to incur a net profit loss of 26 to 32 million yuan attributed to shareholders of listed companies in the first half of 2025, turning from profit to loss compared to the same period last year. During the reporting period, the main reasons for the loss were as follows: first, due to upstream equipment maintenance and company's planned arrangements, the production facilities of Huizhou Lituo and Xinling Chemical, subsidiaries of the company, have been gradually shut down for maintenance since mid-April and continued until late June, resulting in a significant reduction in operating time compared to the same period last year. Secondly, the relatively insufficient downstream demand, combined with high raw material prices, led to a slight decrease in the company's gross profit margin compared to the same period last year.