For the full year of 2025, the Company expects its total revenues to be between RMB 11.29B to RMB 11.59B, implying a year-on-year increase of between approximately 9.4% to 12.3%; and its Adjusted EBITDA to be between RMB 5.19B to RMB 5.39B, implying a year-on-year increase of between approximately 6.4% to 10.5%. In addition, the Company expects capex to be around RMB 4.3B for the full year of 2025.
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