Core Viewpoint - China Party Culture (01532.HK) anticipates a significant increase in net loss for the six months ending June 30, 2025, with expected losses between approximately RMB 46.0 million and RMB 49.0 million, compared to a net loss of approximately RMB 527,000 in the same period last year [1] Financial Performance - The company's revenue is projected to decline by no less than 20%, from approximately RMB 164.6 million in the previous year to around RMB 122.9 million during the current period [1] - The increase in net loss is primarily attributed to adverse macroeconomic conditions and a downturn in the export trade environment [1] Asset Impairment - The company has recognized an impairment loss of approximately RMB 47.2 million related to property, plant, equipment, and right-of-use assets, which was assessed against the carrying values of its wig business and personal and home cleaning product segments [1]

Core Viewpoint - The company anticipates a significant increase in net loss for the six months ending June 30, 2025, compared to the previous period, primarily due to adverse macroeconomic conditions and a decline in export trade environment [1] Financial Performance - The expected net loss for the six months ending June 30, 2025, is projected to be between approximately RMB 46 million and RMB 49 million, a substantial increase from a net loss of approximately RMB 527,000 for the six months ending June 30, 2024 [1] - Revenue is expected to decrease by at least 20%, from approximately RMB 164.6 million for the six months ending June 30, 2024, to approximately RMB 122.9 million for the six months ending June 30, 2025 [1] Asset Impairment - The company has recognized an impairment loss of approximately RMB 47.2 million related to property, plant, equipment, and right-of-use assets, following a comparison of their recoverable amounts with the carrying values of its wig business and personal and home care product segments [1]