Zhongqi Corporation: It is expected that the net profit will be negative in 2025.

Zhongqi Corporation announced that it is expected to have a negative net profit in the 2025 fiscal year, with an estimated net profit attributable to shareholders of the listed company ranging from -220 million yuan to -180 million yuan, compared to 11.721 million yuan in the same period last year. After deducting non-recurring gains and losses, the net profit is estimated to be -215 million yuan to -175 million yuan, compared to 24.4986 million yuan in the same period last year. The pesticide industry is still in a weak cycle during the reporting period, with increased market competition due to repeated overcapacity construction. The prices of the company's main products are in a downward trend, leading to a decrease in both order prices and gross profit margins, resulting in a year-on-year decline in profits for the company.