Core Viewpoint - The company expects to report a net loss attributable to shareholders of approximately RMB 11 million to 13.5 million in the first half of 2025, compared to a net profit of RMB 23.08 million in the same period of 2024 [1] Group 1: Financial Performance - The anticipated decline in performance is primarily due to a decrease in both the selling price and sales volume of the company's main hydrophilic colloid products, leading to reduced revenue and gross profit during the reporting period [1] - The company has increased its research and development expenditures related to the technology and knowledge for current mainstream products and new products during the reporting period [1]

Core Viewpoint - Green New Bio-Tech (01084) expects to report a net loss attributable to shareholders of approximately RMB 11 million to 13.5 million for the first half of 2025, a significant decline from a net profit of RMB 23.08 million in the same period of 2024 [1] Summary by Relevant Categories Financial Performance - The company anticipates a net loss of approximately RMB 11 million to 13.5 million for the first half of 2025, compared to a net profit of RMB 23.08 million in the first half of 2024 [1] Factors Affecting Performance - The decline in performance is primarily attributed to a decrease in both the selling price and sales volume of the company's main hydrophilic colloid products, leading to reduced revenue and gross profit during the reporting period [1] - There has been an increase in research and development expenses related to the technology and knowledge for producing current mainstream products and new products during the reporting period [1]

Group 1 - The company announced a change in the use of part of the raised funds and a delay in investment projects, specifically reducing the investment amount for the "Konjac Deep Processing Intelligent Manufacturing Production Line Expansion and Renovation Project" from 101.05 million yuan to 91.36 million yuan, reallocating 26 million yuan for the construction of the Hydrophilic Colloid Industrial Park Renovation and Digital Transformation Project (Phase I) [2] - The "Konjac Deep Processing Intelligent Manufacturing Production Line Expansion and Renovation Project" was initially planned in 2022 based on market conditions and company circumstances, and the company has adhered to regulations regarding the use of raised funds while ensuring the project's smooth implementation [2] - As of May 31, 2025, the basic construction of the project, including civil works and equipment, has been completed [2] Group 2 - The company plans to extend the "Konjac Deep Processing Intelligent Manufacturing Production Line Expansion and Renovation Project" deadline to December 2025, utilizing working capital during the extension period to purchase raw materials needed for production [3] - The total planned investment for the "Hydrophilic Colloid Industrial Park Renovation and Digital Transformation Project (Phase I)" is 56.04 million yuan, with 26 million yuan sourced from the original raised funds, while the remaining amount will be financed through the company's own or self-raised funds [3] - The completion of the project is expected to enhance the company's production capacity for hydrophilic colloids, meet market demand, and improve the company's market competitiveness and profitability, thereby expanding future development opportunities [3]