QinAn Co., Ltd.: Net profit in 2025 was 149 million yuan, a year-on-year decrease of 13.56%.

Qin'an Corporation announced that in 2025, its operating income was 1.352 billion yuan, a year-on-year decrease of 15.48%. Net profit was 149 million yuan, a year-on-year decrease of 13.56%. The main reason for the change in the company's main business data was due to intensified industry competition, decreased sales volume, and decreased operating income; as well as the year-on-year increase in prices of bulk commodity materials. The impact of non-recurring gains and losses was mainly due to the fair value changes in the company's stock investments.