Heyuan Gas said at the performance briefing that the company's revenue for the first quarter was 355 million yuan, which was basically the same as the previous year. Net profit to mother was 25.2 million yuan, a year-on-year decrease of 16.47%. The main reason was the instalment confirmation of restricted stock incentive fees for employees and the additional depreciation impact of some project transfers. As the company gradually stabilizes production of products related to the Qianjiang and Yichang industrial parks, it is expected that starting from the second quarter of 2025, the company's business situation will gradually improve.

Heyuan Gas said at the performance briefing that the company's revenue for the first quarter was 355 million yuan, which was basically the same as the previous year. Net profit to mother was 25.2 million yuan, a year-on-year decrease of 16.47%. The main reason was the instalment confirmation of restricted stock incentive fees for employees and the additional depreciation impact of some project transfers. As the company gradually stabilizes production of products related to the Qianjiang and Yichang industrial parks, it is expected that starting from the second quarter of 2025, the company's business situation will gradually improve.