Core Viewpoint - Fan Yuan International (02516.HK) anticipates a significant decline in revenue for the six months ending June 30, 2025, primarily due to changes in U.S. tariff policies affecting shipments to the U.S. [1] Revenue Forecast - The company expects revenue to be approximately RMB 700 million to RMB 900 million, representing a decrease of about 51% to 37% compared to the same period in 2024 [1] Profitability Outlook - The company projects a loss attributable to owners ranging from RMB 10 million to RMB 20 million, a reversal from a profit of approximately RMB 38 million in the same period of 2024 [1] Contributing Factors - The anticipated revenue decline is attributed to reduced shipment volumes to the U.S. due to tariff changes, as well as increased impairment losses on trade and other receivables and goodwill impairment losses from wholly-owned subsidiaries [1]