Core Viewpoint - The company, Andao Mai A (000553), is expected to report a net loss of 873 million to 1.233 billion yuan for the year 2025, indicating a reduction in losses compared to 2024 [1][2]. Financial Performance - The annual report for 2025 will be disclosed after the market closes on March 26, 2026, providing complete financial performance data including sales and net profit [2]. - The forecasted net loss for 2025 represents an improvement over the previous year's performance [2]. Business Development - The company's board approved the 2026 work plan on December 22, 2025, which includes engaging in derivative hedging activities with a maximum contract value of 5 billion USD per trading day and daily related transactions not exceeding 315.293 million yuan [3]. - The relevant proposals have been submitted for review at the shareholders' meeting scheduled for January 13, 2026, with the results to be announced later [3].