CHINA ITS (01900) announced that the group expects to achieve profit attributable to owners of the parent company of approximately RMB 361 million for the six months ended June 30, 2025, compared to a loss attributable to owners of the parent company of approximately RMB 38.4 million for the same period in 2024. The group's turnaround from loss to profit is mainly attributable to: (i) a gain of approximately RMB 350 million from remeasuring the fair value of Hengtuo Kaiyuan Information Technology Co., Ltd. at the acquisition date, as the group achieved control over the company on January 1, 2025; and (ii) smaller fair value losses on financial assets during the interim period affected by securities market fluctuations, compared to larger fair value losses on financial assets in the same period of 2024.