ZONQING LTD (01855) announced its annual financial results for the period ending December 31, 2025. The group recorded revenue of RMB 1.639 billion, representing a decrease of 5.99% compared to the previous year. Profit attributable to shareholders was RMB 21.955 million, down by 45.07% year-on-year. Basic earnings per share stood at 3 fen. The company stated that the decline in revenue was mainly due to a decrease in newly signed contract values compared to the prior year, influenced by macroeconomic conditions and industry policy environment. At the same time, the company continued to optimize its bidding strategy, strictly enforced project admission standards, strengthened risk identification and profit assessment, and proactively focused on high-quality project resources, leading to periodic fluctuations in the bid-winning rate. These changes reflect the company's accelerated transition from scale expansion to high-quality development, reinforcing its long-term operational foundation.