万里马：2025年上半年净亏损3587.8万元，由盈转亏

Group 1 - The company reported a revenue of 221 million yuan for the first half of 2025, representing a year-on-year decline of 17.18% [1] - The company experienced a net loss of 35.878 million yuan, marking a shift from profit to loss [1] - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves [1]