Yellow River whirlwind: It is expected to incur a net loss of 850 million yuan by 2025.

The Yellow River Tornado released its performance forecast for the year 2025, expecting a net profit attributable to shareholders of the listed company of -850 million yuan, compared to -98,324.12 million yuan in the same period last year. During the reporting period, the company continued to expand its market on the basis of consolidating its technological advantage, and sales of superhard materials products increased steadily. However, due to the temporary supply-demand imbalance caused by the concentrated release of industry capacity in recent years, intensified market competition and downward pressure on product prices year-on-year, the company's average selling price of products declined, leading to a temporary loss in operating performance.