Jiugui Liquor: Net profit in the first half of 2025 decreased by 92.60% year-on-year.

JiuGuiJiu Announcement: In the first half of 2025, the operating income was 561 million yuan, a year-on-year decrease of 43.54%. Net profit was 8.955 million yuan, a year-on-year decrease of 92.60%.