Northern Yuan Group: Net profit in 2025 is expected to decrease by 49.34% - 55.44% year-on-year.

The announcement of the Beiyuan Group stated that it is expected that the net profit attributable to the owners of the parent company in 2025 will be between 10288.76 - 11696.69 million yuan, a decrease of 11391.10 - 12799.03 million yuan compared to the previous year, a decrease of 49.34% - 55.44%; the non-net profit will be between 11110.63 - 12631.03 million yuan, a decrease of 5947.99 - 7468.39 million yuan compared to the previous year, a decrease of 32.01% - 40.20%. The main reason for the decrease in performance is the decline in the selling price of the core product polyvinyl chloride, resulting in a decrease in revenue and gross profit margin, as well as the suspension of production and rectification of deficiencies at its subsidiary Jinyuan branch, leading to the provision of asset impairment reserves.