Zhixin Group Holding Ltd. has reported its interim financial results for the six months ending 30 June 2025. The company's overall gross profit plummeted by approximately 82.6%, decreasing from RMB45.5 million in the same period in 2024 to RMB7.9 million. This decrease in gross profit was primarily due to an increase in the cost of sales outpacing revenue growth, notably resulting in a gross loss from the ready-mixed concrete sector of approximately RMB19.3 million, a stark contrast to the gross profit of RMB12.9 million recorded in the previous year. The revenue from ready-mixed concrete increased by about 14.0% to RMB148.2 million, while revenue from PC components saw a sharp downturn, dropping around 91.8% to RMB870,000. Meanwhile, revenue from iron ore tailings recycling and eco-friendly bricks rose by approximately 6.8%, reaching RMB110.6 million. Zhixin Group reported a loss of approximately RMB49.1 million for the period, a significant decline compared to a profit of RMB1.2 million in the corresponding period of the previous year. The company did not report any significant acquisitions, disposals, or investments during this period. Looking forward, Zhixin Group faces intense market competition in the ready-mixed concrete and PC components sectors, particularly in Xiamen, which is expected to continue impacting profits. However, the company anticipates strong revenue from the comprehensive utilization of iron ore tailings in Hainan, supported by an abundant supply and high demand in the region.