Golden Parks and Gardens: It is expected that the net profit will be negative in 2025, with an estimated loss of 210 million to 260 million yuan.

Jinpu Garden announced that it is expected to have a negative net profit for the year 2025, with a projected loss of net profit attributable to shareholders of the listed company ranging from 210 million to 260 million yuan, compared to a net profit of 23.4573 million yuan in the same period last year. After deducting non-recurring gains and losses, the net profit is expected to be a loss of 211 million to 261 million yuan, compared to a net profit of 22.7152 million yuan in the same period last year. The change in performance is mainly due to a decrease in completed output during the reporting period, a decline in gross profit due to changes in project types, a reduction in revenue settlement audits for some engineering projects, and some projects being unable to pay engineering fees on time due to constraints on local fiscal payments. In accordance with the principle of prudence, the company has increased provisions for impairment of corresponding accounts receivable and contract assets.