Huachen Equipment: Net profit is expected to increase by 193.64%-242.04% year-on-year by 2025.

HuaChen Equipment Announcement: It is expected that the net profit for the year 2025 will be between 182 million and 212 million yuan, an increase of 193.64% to 242.04% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between 32 million and 42 million yuan, an increase of 75.43% to 130.26% compared to the same period last year. In 2025, the company will orderly promote various work according to the annual overall operating plan and requirements. The acceptance quantity and amount of roll grinding machines are expected to increase compared to the previous year. The company's operating income and net profit for the year 2025 are expected to show growth compared to the same period last year. During the reporting period, non-recurring gains and losses had an impact on the net profit attributable to the shareholders of the listed company of approximately 1.5 billion to 1.7 billion yuan, mainly due to significant fair value changes in equity investments in target companies indirectly held by the company through Ningbo Meishan Bonded Port Area Deliao Entrepreneurship Investment Partnership Enterprise.