Jin Xinong: The estimated loss for the first half of the year is between 21 million and 25 million yuan.

Jin Xin Farm disclosed its performance forecast on the evening of July 11th, expecting a net profit loss of 21-25 million yuan attributable to shareholders of the listed company in the first half of 2025. During the reporting period, the company continued to reduce costs in its farming business, resulting in a decrease in losses compared to the same period last year; the export volume of feed increased by 44% compared to the same period last year, and the domestic market share improved, but due to a decrease in gross profit margin, the feed business's profit decreased year-on-year. The main reasons for the increase in non-recurring gains and losses compared to the same period last year were an increase of approximately 9 million yuan in gains from the disposal of productive biological assets and an increase of approximately 11 million yuan in gains from futures business.