YOUZAN (08083) has issued an announcement indicating the group's expectations for the fiscal year ending December 31, 2025. The company anticipates achieving a net profit in the range of approximately RMB 154 million to RMB 164 million. This represents a significant turnaround compared to the net loss of about RMB 166 million recorded in the same period of 2024. The return to profitability for the 2025 fiscal year is primarily attributed to several factors: (a) a slight year-on-year increase in revenue, rising by approximately 2.7% to 3.5% compared to the 2024 revenue of about RMB 14.42 billion; (b) a substantial decrease in share-based payment expenses settled with equity, which fell to around RMB 19 million in 2025 from approximately RMB 174 million in 2024; and (c) the absence of intangible asset amortization expenses in 2025, whereas about RMB 80 million was incurred in 2024.