Sunsea AI: Expected net loss of 220 million to 250 million yuan in 2025.

Nihai Intelligent announced that it is expected to incur a net loss of 220-250 million yuan in the year 2025, compared to a loss of 134 million yuan in the same period last year. During the reporting period, market competition intensified due to changes in the industry competitive landscape, leading to a decrease in the company's operating income compared to the same period last year, a decrease in gross profit, which did not cover expenses, resulting in a loss. In addition, the company made provisions for impairment losses on accounts receivable in accordance with relevant regulations.