Star Technology: It is expected that the net profit attributable to the parent company will be a loss of 30-50 million yuan by 2025, a decrease from the previous year.

Stellar Technology announces that it is expected to incur a net loss attributable to shareholders of the listed company in 2025 of 30-50 million yuan, compared to a net loss of 619 million yuan for the same period last year. After deducting non-recurring gains and losses, the net loss is expected to be 140-200 million yuan, compared to a net loss of 556 million yuan for the same period last year. The main reasons for the performance change are as follows: 1. Based on the prudence principle, bad debt and impairment provisions totaling approximately 84 million yuan were made, a decrease of about 134 million yuan from the previous year. 2. Deferred tax assets were terminated and transferred to income tax expenses, resulting in a charge of approximately 141 million yuan. 3. Debt restructuring for bankruptcy reorganization resulted in a debt restructuring gain of approximately 105 million yuan.