AUGROUP (02519) has announced its financial forecast for the fiscal year ending December 31, 2025. The company expects its net profit attributable to owners to be in the range of RMB 150 million to RMB 200 million. This represents a projected decrease of approximately 60.3% to 70.2% compared to the same period in 2024.

The primary reasons cited for this anticipated decline are as follows: 1. **Product Sales Business:** Adjustments to tariff policies during the reporting period have led to a significant increase in overall costs. 2. **Product Sales Business:** The group's strategically incubated projects are still in their early stages, requiring high investment costs which have had a dilutive effect on overall profitability. 3. **Logistics Solutions Business:** The addition of leased warehouses has resulted in increased amortization costs for newly recognized right-of-use assets, substantially raising operating expenses. The corresponding revenue growth has not yet fully materialized, leading to a decrease in net profit. 4. **Logistics Solutions Business:** The group began expanding its self-delivery services in 2025. During the initial operational phase, insufficient order volume and low order density have led to high delivery and sorting costs, resulting in significant overall losses for this segment.