Lingang Group: It is expected that the net profit will loss between 1.67 billion yuan to 1.45 billion yuan by 2025.

Linggang Group announced that it is expected to incur a net loss attributable to the owners of the parent company of 16.7 billion yuan to 14.5 billion yuan in 2025. In 2025, the steel industry is still in the stage of "reducing production and optimizing existing capacity", and still needs to address the challenges of oversupply and weak demand. At the same time, the company's internal 6# blast furnace production lagging behind, 5# blast furnace and other comprehensive annual maintenance affecting, totaling a decrease in iron production by 500,000 tons, high annual maintenance costs and high initial production costs, as well as the impact of the parent company's unrecognized deferred tax assets on losses, resulting in an increase in income tax expenses of 4.19 billion yuan. The company is facing a complex internal and external situation, focusing on "reducing production and improving quality", adhering to intensive production, improving quality and efficiency, fully expanding procurement channels, adjusting product varieties, optimizing structure, reducing energy consumption, reducing costs, controlling expenses, improving machinery structures, and strengthening collaboration. Although the loss-making situation has not been reversed, the company has already achieved a reduction in losses.