CONTIOCEAN (02613) announced that for the fiscal year ending December 31, 2025, the Group expects to achieve a net profit in the range of approximately RMB 18 million to RMB 26 million, compared to a net profit of approximately RMB 120.3 million for the year ended December 31, 2024. The decrease in net profit is primarily attributable to the impact of geopolitical tensions coupled with tariff fluctuations on China's shipbuilding and shipping industries. Furthermore, many new orders secured in 2025 are long-cycle projects, which have not yet been fully executed, resulting in the corresponding revenue not being recognized within the reporting period. Despite these challenges, the company is actively implementing strategic initiatives to mitigate the adverse effects, including accelerating expansion into new markets and speeding up the development of and collaboration on new products targeting potential demand.