ARTGO HOLDINGS (03313) announced that the group expects to record a net loss of approximately RMB 85 million for the year ending December 31, 2025. This represents a decrease of about RMB 200 million compared to the net loss of roughly RMB 285 million in the same period of 2024. The anticipated reduction in net loss is primarily attributable to (i) the absence of an RMB 234 million write-off of mining rights recognized in the 2024 fiscal year, and (ii) the net impact of recognizing an impairment loss on property, plant, and equipment of approximately RMB 16 million during the 2025 fiscal year.