LANDSEA MGMT (01269) announced that the company expects to record a pre-tax loss of approximately RMB 10 million to RMB 80 million for the six months ended June 30, 2025, compared to a pre-tax loss of approximately RMB 247 million for the six months ended June 30, 2024. The reduction in pre-tax loss for the six months ended June 30, 2025, was primarily attributable to (i) increased sales and gross profit from the automotive parts business; and (ii) foreign exchange gains resulting from the appreciation of the Renminbi.