Hasen Trading (China) Co., Ltd. Corrected Announcement of 2025 Annual Performance Forecast Loss

MaticHoleFiller · 2026-04-04T02:19:16+00:00

Hasen Trading (China) Co., Ltd. issued a correction announcement, estimating that the net profit loss for 2025 will be between -36 million and -54 million yuan, a significant adjustment from the previous forecast. The company stated that the adjustment results from audit and information updates and reminded investors to be aware of risks.

MaticHoleFiller

2026-04-04 02:19:16

Abstract generation in progress

Stock Code: 603958 Stock Short Name: Hassen Co., Ltd. Announcement No.: 2026-011

Correction Announcement Regarding the Notice of Loss Forecast for 2025 Annual Performance of Hassen Trading (China) Co., Ltd.

The board of directors of this company and all of its directors hereby guarantee that there are no false records, misleading statements, or material omissions in the contents of this announcement, and assume legal responsibility for the truthfulness, accuracy, and completeness of the contents.

Key Highlights:

The revised performance guidance: Hassen Trading (China) Co., Ltd. (hereinafter referred to as the “Company”) expects that in 2025 its annual performance will result in a loss, with net profit attributable to owners of the parent company of -CNY 36.0 million to -CNY 54.0 million, and net profit attributable to owners of the parent company after deducting non-recurring gains and losses of -CNY 40.25 million to -CNY 58.25 million.
The prior performance guidance: It is expected that in 2025 the annual net profit attributable to owners of the parent company will be -CNY 24.0 million to -CNY 36.0 million, and the net profit attributable to owners of the parent company after deducting non-recurring gains and losses will be -CNY 26.12 million to -CNY 38.12 million.

I. Performance guidance for the current period

(I) Reporting period for the performance forecast

From January 1, 2025 to December 31, 2025.

(II) The prior performance guidance

On January 21, 2026, the Company disclosed the “Notice of Loss Forecast for 2025 Annual Performance” (Announcement No.: 2026-003). Based on the preliminary estimates by the finance department, it was expected that the net profit attributable to owners of the parent company for 2025 would be -CNY 24.0 million to -CNY 36.0 million, and the net profit attributable to owners of the parent company after deducting non-recurring gains and losses would be -CNY 26.12 million to -CNY 38.12 million.

(III) The revised performance guidance

Based on preliminary estimates by the finance department, it is expected that the annual net profit attributable to owners of the parent company in 2025 will result in a loss, with net profit attributable to owners of the parent company of -CNY 36.0 million to -CNY 54.0 million.
Net profit attributable to owners of the parent company after deducting non-recurring gains and losses of -CNY 40.25 million to -CNY 58.25 million.

II. Performance for the same period last year

(I) Total profit: -CNY 53.1937 million. Net profit attributable to owners of the parent company: -CNY 96.4074 million. Net profit attributable to owners of the parent company after deducting non-recurring gains and losses: -CNY 101.3245 million.

(II) Earnings per share: -0.436 yuan.

III. Main reasons for the correction to the performance guidance for the current period

When the Company disclosed the “Notice of Loss Forecast for 2025 Annual Performance,” it made the estimates based on information available at that time. As the annual audit progresses and further information is obtained after the balance sheet date, in accordance with the Accounting Standards for Enterprises, the Company has carefully reviewed the revenue and costs for the reporting period and asset impairment as of the end of the reporting period. Based on the principle of prudence, it adjusted the revenue and costs and asset impairment, which resulted in corrections to the performance forecast data for 2025.

IV. Risk warning

As of the date of disclosure of this announcement, apart from the matters mentioned above, the Company does not have any major uncertain factors that could affect the accuracy of the performance forecast content. The data after the revision to the performance forecast are preliminary estimates by the Company’s finance department and have not been audited by an accounting firm.

V. Other matters to be explained

At present, the Company’s production and operations are normal. The Company sincerely apologizes to investors for any inconvenience caused by the revision to this performance forecast.
As of the date of disclosure of this announcement, the audit work for the Company’s 2025 annual report is still ongoing. The revised performance forecast is the result of the preliminary estimates by the Company’s finance department and has not been audited by an accounting firm. The final financial data shall be based on the Company’s officially disclosed audited 2025 annual report. Investors are kindly requested to pay attention to investment risks.

Announcement is hereby given.

Board of Directors of Hassen Trading (China) Co., Ltd.

April 3, 2026

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