STARPLUS LEGEND (06683) announced that the group expects to report a comprehensive loss not exceeding RMB 52 million for the fiscal year ending December 31, 2025. This contrasts with a comprehensive profit of RMB 50.2 million achieved in the previous fiscal year ending December 31, 2024. The board of directors attributes the shift from profit to loss primarily to two factors. Firstly, the group underwent a phased adjustment in its business structure and product portfolio during the year. The pace of new IP content releases slowed compared to the same period last year, which temporarily impacted the performance of the IP creation and operation division. Concurrently, as the new consumer business expanded its product types and sales channels, its gross profit margin decreased year-on-year. Secondly, adhering to prudent principles and considering recent changes in the geopolitical landscape, the group made provisions for impairment on certain accounts receivable. This impairment is primarily a non-cash accounting adjustment and is not expected to have a significant adverse effect on the group's overall cash flow. Furthermore, the group is currently in a critical phase of business structure and strategic upgrades. Throughout the year, it continued to invest in resource allocation and business ecosystem development. These efforts include advancing strategic collaborations and resource planning related to IP creation and operation, exploring innovative models that integrate technologies like AI and robotics with celebrity IP scenarios, and continuously improving the IP commercialization and new consumer channel networks. The group is also promoting stable business development by optimizing its business structure and strengthening cost and risk management. The board believes that, despite the temporary impact on this year's performance, the group's overall operations remain normal. The ongoing investments are considered strategic assets with high barriers to entry, laying a solid foundation for the group's future business growth.