Wuyi, China: It is expected to have a net loss of 80-104 million yuan in the first half of 2025.

Notice from China Wuyi: It is expected that the net profit from January 1, 2025 to June 30, 2025 will be negative, with an estimated net loss of 80-104 million yuan. The net profit for the same period last year was 201 million yuan. The reason for the change in performance is the decrease in income that can be transferred from the sold real estate projects, as well as a decrease in foreign exchange gains due to exchange rate fluctuations.