Songyang Resources: It is expected that the annual net profit will be a loss of 160-210 million yuan in 2025.

Songyang Resource Announcement, it is expected that the net profit attributable to shareholders of the listed company in 2025 will be a loss of 160-210 million yuan. During the reporting period, due to factors such as the overall market situation, the company's downstream demand was weak, competition in the same industry was fierce, and it was also affected by market environment and fluctuations in raw material prices. The company's product prices continued to lag, and the sales gross profit margin was negative, leading to a loss in the company's operating performance in 2025.