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Qinchuan IoT: Net profit loss of 116 million yuan in 2025
Qinchuan IoT Announcement: In 2025, operating revenue was 270 million yuan, a year-on-year decrease of 15.76%. Net loss attributable to shareholders of the listed company was 116 million yuan, compared with a net loss of 65.2365 million yuan in the same period of the previous year. The company’s board of directors resolved that no profit distribution will be made in 2025, nor will capital reserve funds be converted into share capital, or any other form of profit distribution.