Maoye International Holdings Limited has announced that it expects to record a net loss of approximately RMB200 million to RMB250 million for the year ended 31 December 2025, a significant increase compared to the net loss of approximately RMB99.92 million reported for the year ended 31 December 2024. The company noted that, excluding the impact of impairment losses on the fair value changes of investment properties, which amount to approximately RMB300 million, the loss would be lower. The figures are based on preliminary assessments of unaudited consolidated management accounts.

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