ST Permanent: It is expected that the net profit will be a loss of 34 to 50 million yuan in 2025.

*ST Announcement: It is expected that the net profit for the year 2025 will be a loss of 34-50 million yuan, compared to a loss of 47.104 million yuan in the same period last year. During the reporting period, the company's operating income increased significantly compared to the same period last year, mainly due to the acquisition of Shanghai Jingxin Technology Co., Ltd. During the reporting period, the average selling price of the company's OPC products decreased due to market conditions, while the main material purchase costs increased. Additionally, in order to accelerate the development of new businesses, sales and management expenses increased to a certain extent. These are the main reasons for the company's loss in performance for the current year.