Double Board Zhouyin Shares: It is expected to have a net loss of 37-43 million yuan by 2025.

Translating into Zhenyou shares announced that it is expected the net profit attributable to shareholders of the listed company in 2025 will be a loss of 37-43 million yuan, compared to a loss of 15.7354 million yuan in the same period last year. The main reason for the increase in year-on-year losses is that the overall workload of the existing market in the continuous tubing business has decreased, the company's workforce is not fully engaged, and the market is expanding to oil and gas-rich areas outside Xinjiang. Due to insufficient commencement of work, income has decreased, and remote dispatch and out-of-town operating costs have increased. Due to adjustments in the development plan by the original owner, drilling operations have been suspended, and the drilling team will be transferred to new market blocks for construction in 2025, encountering more complex underground situations and increasing construction costs. The company is implementing specialization and integration, restructuring and integrating engineering construction-related businesses into subsidiaries, undertaking new projects, increasing labor costs, and increasing expenses. Well repair business has been affected by equipment aging and a decline in construction capabilities, although workload has increased compared to the same period last year, and business operations have improved somewhat, but gross profit is still in a loss. Management expenses have increased year-on-year mainly due to the company initiating the issuance of shares to specific entities, with increased requirements for the quality of intermediary institutions and an increase in verification work, leading to an increase in expenses for the period.