Guangming Real Estate: It is expected that the net profit in 2025 will be negative, estimated to be between -37 billion and -26 billion yuan.

Guangming Real Estate announced that it is expected to achieve a net profit attributable to the owners of the parent company of approximately -37 billion to -26 billion yuan by 2025. It is expected that the company will achieve a net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, of approximately -40.5 billion to -28.5 billion yuan by 2025.