Zhongxing Fungi Industry: It is expected that the net profit will increase by 134.32%-173.37% compared to the previous year by 2025.
Zhongxing Mushroom Industry Announcement: It is expected that the net profit for the year 2025 will be between 3 billion to 3.5 billion yuan, a year-on-year growth of 134.32% to 173.37%. The main reasons for the performance change are as follows: the selling price of the company's shiitake mushroom products has been stable with an increase, as the production and sales volume of the Hubei Zhongxing base project has increased year-on-year, leading to a growth in single product operating performance; the selling price of the company's needle mushroom products has rebounded in the second half of the year; at the same time, due to changes in market interest rates, exchange rates, and the capitalization of interest expenses, financial expenses have decreased by approximately 20 million yuan year-on-year.
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