HILONG (01623) announced that the group expects to record a net loss ranging from approximately RMB 310 million to RMB 340 million for the six months ending June 30, 2025, compared to a profit of approximately RMB 46.6 million for the corresponding period ended June 30, 2024. The shift from profit to loss is primarily attributed to losses from the remeasurement of vessels classified as held for sale. Other than the aforementioned factor, the group's business operations remain stable and have not been materially affected.