CHINA SANDI (00910) has announced an expected net loss of approximately 5 billion to 6.5 billion yuan for the 2025 fiscal year. This represents a substantial decrease of about 84.0% to 87.7% compared to the loss of approximately 40.55 billion yuan reported for the year ended December 31, 2024. The anticipated reduction in loss is primarily attributed to a significant decrease in fair value losses on investment properties. These losses dropped sharply from about 38.71 billion yuan in the 2024 fiscal year to an estimated 3.05 billion yuan in the 2025 fiscal year.