Eastern New Energy: Net profit is expected to be a loss of 55-75 million yuan in 2025.

Oriental New Energy announced that it is expected to incur a net loss of 55-75 million yuan in 2025, compared to a loss of 3.603 billion yuan in the same period last year. It is expected to generate operating income of 350-410 million yuan, compared to 877 million yuan in the same period last year. The company was confirmed to have completed the implementation of the reorganization plan by the Beijing First Intermediate People's Court on December 30, 2024. Due to the implementation of the reorganization plan, the company carried out asset divestment and debt repayment, resulting in a significant decrease in the number of subsidiary companies within the consolidated financial statements. At the same time, the mother company's operating income, operating costs, asset impairment losses, and various period expenses correspondingly decreased significantly year-on-year due to asset divestment and employee placement, achieving a fundamental improvement in the financial structure.