Bright Future Technology said it expects a loss attributable to owners of not less than RMB50 million for the year ended Dec. 31, 2025, versus a loss of RMB6.49 million a year earlier. The company attributed the wider loss to higher advertising traffic costs that reduced gross profit. It also cited the termination of business with a customer and impairment losses on financial assets that increased expected credit losses on trade and other receivables. Bright Future further pointed to higher share-based compensation expenses from granting treasury shares to eligible employees under a share award scheme.

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