Anhui Technology: Net loss of 37.4425 million yuan in the first half of 2025, turning from a profit on a year-on-year basis.

date
19/08/2025
Announcement of WanTong Technology: The company's operating income for the first half of 2025 was 324 million yuan, a year-on-year decrease of 5.66%; the net profit was -37.4425 million yuan, compared to a net profit of -7.3433 million yuan in the same period last year. During the reporting period, the company implemented a restricted stock incentive plan, with stock incentive expenses of approximately 16.38 million yuan amortized; its subsidiary HuaTong LiSheng faced cash flow constraints due to downstream customer payment issues, limiting market expansion and resulting in decreased operating income and net profit. In accordance with relevant provisions of the Enterprise Accounting Standards, based on the principle of prudence, the company made provisions for impairment of relevant assets that may occur within the scope of the consolidated financial statements. This provision will reduce current profits. A combination of multiple factors led to a decline in both revenue and profit in the first half of the year.