Zhongheng Group: It is expected that the net profit will be negative in 2025.

Zhongheng Group Announcement: According to preliminary calculations by the financial department, it is expected that the net profit attributable to shareholders of the listed company for the year 2025 will be negative, and the company's operating performance for the year 2025 will result in a loss. The company will strictly follow the relevant provisions such as the Shanghai Stock Exchange Stock Listing Rules, accelerate the progress of financial accounting work, and disclose the 2025 annual performance forecast as soon as possible. For final financial data, please refer to the company's official 2025 annual report.