CHINA OVS PPT (02669) announced that the Group's overall revenue for the 2025 fiscal year increased by approximately 5-7% compared to the fiscal year ended December 31, 2024 (2024 fiscal year), aligning with the Group's full-year development expectations. Despite facing severe challenges in the internal and external economic environment, the Group's management flexibly responded to market shifts and promptly adjusted its operational strategies, which enabled the Group to still achieve an increase in overall revenue. However, during this period of transformation, significant resource investments were required, and the payback period is lengthy, impacting the speed of profit generation and thereby putting pressure on the Company's gross profit and profit attributable to ordinary equity holders; both are expected to decrease by approximately 3-4% and 9-10%, respectively, compared to the 2024 fiscal year. Among the factors, the amortization of R&D costs for investments in smart engineering projects within the non-household value-added services category increased, leading to initial losses for these projects, while the gross profit margins for other engineering-related businesses generally declined due to intense price competition. In the traditional property management sector, the market was troubled by factors such as price reductions and contract withdrawals, and the downturn in the real estate industry slowed the pace of contract conversions, contributing to a decrease in gross profit margins. Fortunately, while confronting unprecedented industry challenges, the Group's newly expanded urban operations business developed as planned and achieved growth in both revenue and profit.