[Huahong Company: Net profit in the first quarter of 2025 was 22.7634 million yuan, a year-on-year decrease of 89.73%] Huahong Company announced that its sales revenue in the first quarter of 2025 was 3.913 billion yuan, a year-on-year increase of 18.66%; net profit was 22.7634 million yuan, a year-on-year decrease of 89.73%. The company expects its main business revenue in the second quarter to be between US$550 million and US$570 million, with a gross profit margin of approximately 7% to 9%.
