The company said, “After taking into consideration the impact of the C-REIT transaction which was not included in its original guidance, the Company confirms that the previously provided guidance of total revenues for the year of 2025 of RMB11,290 – RMB11,590 million and Adjusted EBITDA of RMB5,190 – RMB5,390 million remain unchanged. The Company revises its guidance of total capex for the year of 2025 down from approximately RMB4,300 million to approximately RMB2,700 million. This comprises approximately RMB4,800 million of organic capex, less the net cash proceeds received to date of approximately RMB500 million from the ABS transaction, and less the net cash proceeds after reinvestment of approximately RMB1,600 million from the C-REIT transaction. This forecast reflects the Company’s preliminary view on the current business situation and market conditions, which are subject to change.”
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