FEIYANG GROUP (01901) announced that the group expects to achieve a net profit between RMB 5 million and RMB 7 million for the six months ended June 30, 2025, compared to a net loss of approximately RMB 16.3 million for the six months ended June 30, 2024.

The board of directors believes that the expected net profit is primarily attributable to increased revenue, mainly due to an increase of approximately RMB 100 million in sales of the group's tourism-related products and services; a decrease of approximately RMB 11.2 million in administrative expenses; and a reduction of approximately RMB 10.5 million in impairment losses on trade and other receivables, primarily due to reduced credit risk of financial assets.