Huaibei GD CO (02450) announced its financial results for the year ended December 31, 2025. The group recorded revenue of RMB 219 million, a decrease of 7.28% compared to the previous year. The loss attributable to equity shareholders was RMB 28.823 million, an increase of 31.18% year-on-year. The loss per share was RMB 0.11. The company stated that the decline in operating performance was due to downturns in the construction and real estate markets.