Imperial Distillery: It is expected that the net profit will decrease by 45.85% to 63.90% in 2025 compared to the previous year.
Announcement from Hungti Winery: The net profit for the year 2025 is expected to be between 10 million and 15 million yuan, a decrease of 45.85% to 63.90% compared to the previous year. The net profit attributable to shareholders of the listed company for the year 2025 is lower compared to 2024. In 2024, the company's net profit increased due to the resolution of the lawsuit involving Meilin Color Printing and Packaging Factory in Wuxi, which resulted in the conversion of previously estimated liabilities and an increase in the company's net profit for 2024. This has led to a decrease in the company's net profit for the current year compared to the previous accounting year.
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