Sunfonda Group Holdings Ltd. reported revenue of RMB3,646.3 million for the period ended June 2025, a decrease of RMB868.9 million or 19.2% compared to the same period in 2024. The decrease was mainly attributed to the closure of certain underperforming stores, which affected overall revenue scale. Revenue from the sales of new automobiles was RMB2,969.5 million, down RMB733.7 million or 19.8% year-on-year. Revenue from the after-sales service business was RMB516.9 million, a decrease of RMB79.4 million or 13.3% compared to the same period last year. Revenue from the sales of used cars declined by RMB55.8 million or 25.9% to RMB159.9 million. The used car segment reported a gross loss of RMB46.5 million, compared to a gross profit of RMB11.3 million in the same period of 2024, with a gross loss margin of 1.3%. Loss before tax for the period was RMB89.6 million, a decrease of 7.0% compared to the previous year. Loss attributable to owners of the parent was RMB85.6 million, representing a decrease of 11.7% compared to the same period in 2024. The company highlighted continued growth in its membership system, with 17,528 new registered users added during the period, bringing total membership to 370,034 and member activity up 12% year-on-year. The Group is focusing on deep integration of technology and business, as well as building a smart enterprise ecosystem to enhance service efficiency.