Emerging Casting Pipe: In the first half of 2025, the net profit was 403,893,679.43 yuan, a year-on-year decrease of 5.58%

Newly Emerging Foundry Pipe announced that in the first half of 2025, the operating income was 17,727,891,698.11 yuan, a year-on-year decrease of 5.36%. Net profit was 403,893,679.43 yuan, a year-on-year decrease of 5.58%. The company plans not to distribute cash dividends, issue bonus shares, or increase capital by transferring from the capital reserves.