Qujiang Cultural Tourism: It is estimated to have a net loss of 130-165 million yuan in 2025.

Qujiang Cultural Tourism announced that it is expected to achieve a net profit attributable to the owners of the parent company of approximately -130 million to -165 million yuan in 2025, compared to -131.32 million yuan in the same period last year; the non-recurring net profit is approximately -215 million to -250 million yuan, compared to -130.97 million yuan in the same period last year. The main reason for the expected loss in performance is the decrease in traditional ticket sales revenue at scenic spots, traditional catering revenue, and the reversal of deferred tax assets. The related impairment testing is still ongoing, and the final amount will depend on audit and evaluation results.