BaoLand announced that the company's total operating revenue for 2025 was RMB 230.3601 million, a decrease of 18.72% compared to the same period last year. The net profit attributable to owners of the parent company was RMB -75.2275 million, an increase in loss of RMB 16.5051 million compared to the same period last year. The net profit attributable to owners of the parent company after deducting non-recurring gains and losses was RMB -102.7530 million, an increase in loss of RMB 47.9636 million compared to the same period last year. As of the end of the reporting period, total assets were RMB 709.8004 million, a decrease of 8.23% from the beginning of the period; owners' equity attributable to the parent company was RMB 650.0726 million, a decrease of 10.48% from the beginning of the period.