Huaxia Happiness: It is expected that the net profit will be a loss of 24 to 25 billion yuan in 2025.

Huaxia Happiness announcement: It is expected that the net profit attributable to the shareholders of the listed company in 2025 will be between -24 billion yuan to -16 billion yuan; it is expected that the company will achieve a net profit attributable to the shareholders of the listed company excluding non-recurring gains and losses in 2025 will be between -25 billion yuan to -17 billion yuan; it is expected that the net assets attributable to the shareholders of the listed company by the end of 2025 will be between -15 billion yuan to -10 billion yuan.