HUAJIN INTL (02738) announced that the group expects to record revenue of approximately RMB 720-780 million for the first half of 2025, representing a year-on-year decrease of about 75.7% to 77.5%. The company anticipates a loss attributable to shareholders of approximately RMB 490-530 million, compared to a profit attributable to shareholders of about RMB 16.9 million in the same period of 2024.

The board of directors attributes the revenue decline and resulting losses during the comparable period primarily to the following factors: weak market demand coupled with intensified competition, creating dual pressures from both domestic and external demand; impacts from the trade environment and tariff policies; upward pressure from rising raw material costs; and increased unit processing costs due to low capacity utilization rates.