CHINA XLX FERT (01866) announced that the group expects to achieve a net profit of approximately 960-1,060 million yuan for the first three quarters of 2025, down 53%-48% year-on-year. The expected net profit after deducting non-recurring items is approximately 960-1,060 million yuan, down 27%-19% year-on-year. The expected net profit attributable to the parent company is approximately 760-840 million yuan, down 50%-45% year-on-year.

The announcement stated that although the group's performance in the first three quarters declined due to factors such as facility maintenance and falling product prices, the successful commissioning of the Jiujiang base phase II project not only got off to a good start for the group's project construction over the next three years, but also provides support for subsequent performance recovery and long-term high-quality development.

Since the project commenced production on September 23, overall operations have been stable with good process indicators, achieving a key leap from the construction phase to smooth production capacity. Leveraging advanced production technology, the project has achieved significant results in energy consumption control, with steam consumption, coal consumption, and comprehensive energy consumption all showing notable reductions compared to the phase I project, further consolidating cost advantages and creating favorable conditions for responding to market fluctuations and steadily improving profitability in the future.