DASHAN EDU (09986) announced that the company expects to record a pre-tax loss of approximately RMB 40 million to RMB 60 million for the first half of 2025, compared to a pre-tax loss of approximately RMB 9.3 million for the first half of 2024. The increase in pre-tax loss is mainly attributed to higher management expenses resulting from the recognition of share-based payment expenses.