Fenglin Group: It is expected that the annual net profit will be a loss of 100 million to 148 million yuan in 2025.

The Fenglin Group announced that it is expected to achieve a net profit attributable to the shareholders of the listed companies of -100 million yuan to -148 million yuan in 2025, compared with the same period last year, a decrease of 28.01 million yuan to an increase of 19.98 million yuan, a year-on-year change of -23.35% to 16.66%; the non-recurring net profit is expected to be -100 million yuan to -148 million yuan, with a year-on-year change of -18.12% to 20.19%. Due to the adjustment of the real estate market, downstream demand is weak, leading to a decrease in sales volume and prices of company products; in addition, the release of new production capacity exacerbates supply and demand imbalances. Furthermore, in order to control inventory, there is an increase in downtime losses.