Bao Shi Technology: Net profit will be a loss of 91.8055 million yuan in 2025.

Baoshui Technology Announcement: In 2025, the operating income was 605 million yuan, a decrease of 32.75% year-on-year. The net profit was a loss of 91.8055 million yuan, compared to a net profit of 210 million yuan in the same period last year.