On the evening of April 28, Honz disclosed its 2024 annual report and the first quarter report for 2025. The report shows that in 2024, the company achieved operating revenue of 473 million yuan, with a net profit attributable to the parent company of -216 million yuan. During the reporting period, the net cash flow from operating activities increased by 1.08% year-on-year, reflecting the comprehensive effectiveness of the company's resource optimization in various aspects such as sales collection management, inventory management, and capital coordination. In the first quarter of 2025, Honz's operating revenue reached 112 million yuan, with a net profit attributable to the parent company of -9.69 million yuan, significantly reducing losses by 79.16% year-on-year. Regarding the reasons for the performance improvement, the report stated that the decrease in sales expenses year-on-year led to a reduction in net profit losses. Among them, the net cash flow for the first quarter was 40.51 million yuan, an increase of 228.66% compared to the same period last year, due to the decrease in sales expenses year-on-year and the receipt of proposed performance payments from the controlling shareholder