证券日报网讯1月27日，江山欧派（603208）在互动平台回答投资者提问时表示，截至目前，公司暂无 相关重组或收购计划。如未来涉及此类事项，公司将严格依据上市规则及时履行信息披露义务。 ...

Group 1 - The company, Jiangshan Oupai (603208.SH), has stated that there are currently no plans for restructuring or acquisitions [1]

Group 1 - The company, Jiangshan Oupai (603208.SH), has stated that there are currently no plans for restructuring or acquisitions [1]

证券代码：603208 证券简称：江山欧派 转债代码：113625 转债简称：江山转债 江山欧派门业股份有限公司 可转换公司债券 江山欧派门业股份有限公司 可转换公司债券受托管理事务报告 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办 法》"）、《江山欧派门业股份有限公司公开发行可转换公司债券之受托管理 协议》（以下简称"《受托管理协议》"）、《江山欧派门业股份有限公司公 开发行 A 股可转换公司债券募集说明书》（以下简称"《募集说明书》"）、 等相关公开信息披露文件、第三方中介机构出具的专业意见等，由本次债券受 托管理人国泰海通证券股份有限公司（以下简称"国泰海通"）编制。国泰海 通对本报告中所包含的从上述文件中引述内容和信息未进行独立验证，也不就 该等引述内容和信息的真实性、准确性和完整性做出任何保证或承担任何责 任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜做出独立判断，而不应将本报告中的任何内容据以作为国泰海通所作的 承诺或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为， 国泰海通不承担任何责任。 1 第一次临时受托管理事务报告 （ ...

Core Viewpoint - Jiangshan Oupai Door Industry Co., Ltd. expects a significant net loss for the fiscal year 2025, with projected losses ranging from 180 million to 230 million yuan, contrasting with a profit of 109 million yuan in the previous year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company to be between -230 million and -180 million yuan for 2025, indicating a shift from profitability to loss compared to the previous year's profit of 109 million yuan [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between -270 million and -220 million yuan [1] Industry Challenges - The industry is experiencing intense competition, which has led to price adjustments for some of the company's products, resulting in a decline in gross profit margins [1] - Revenue has decreased, while fixed costs such as depreciation and personnel expenses have not decreased in tandem, contributing to the financial challenges faced by the company [1] Asset Management - In 2025, the company conducted a comprehensive review and impairment testing of various assets within the consolidated financial statements, leading to an impairment provision of approximately 200 million yuan for potentially impaired assets [1]

Group 1 - Shuangliang Energy is expected to report a net loss of between 1.06 billion to 780 million yuan in 2025 [1] - Oujing Technology has halted production at two subsidiaries to reduce losses [1] - Blue Sky Technology's controlling shareholder plans to transfer 2% of shares through inquiry [1] Group 2 - Zhongchong Co. plans to repurchase shares worth 100 million to 200 million yuan for convertible bond conversion [1] - Yitian Intelligent anticipates a total loss of between 186 million to 152 million yuan for the year 2025 [1] - Wannianqing received administrative regulatory measures from Jiangxi Securities Regulatory Bureau due to information disclosure violations [1] Group 3 - Jiangshan Oupai expects a pre-loss of 180 million to 230 million yuan in 2025 [1] - Hebang Bio received a warning letter due to revenue recognition and information disclosure issues [1] - Huazheng Convertible Bond is subject to forced redemption [1] Group 4 - Daotong Convertible Bond will not be forcibly redeemed [2] - Several convertible bonds including Huazheng, Ta21, and others will not undergo adjustments [2] - Lianrui Convertible Bond is set to be listed on January 28 [1]

（编辑 任世碧） 证券日报网讯 1月23日，江山欧派发布2025年年度业绩预亏公告称，公司预计2025年年度归属于母公司 所有者的净利润为-23，000.00万元到-18，000.00万元，与上年同期数10，886.47万元相比，将出现亏 损。 ...

Core Viewpoint - The company Jiangshan Oupai (603208) has announced a significant decline in its financial performance for the year 2025, projecting a revenue of 1.6 billion yuan and a net loss of 180 million to 230 million yuan, compared to a profit of 109 million yuan in the previous year [2]. Financial Performance Summary - The projected revenue for 2025 is approximately 1.6 billion yuan [11]. - The expected net loss for 2025 ranges from 180 million to 230 million yuan, a stark contrast to the profit of 109 million yuan in the previous year [11]. - The projected non-recurring net loss for 2025 is estimated between 220 million to 270 million yuan, compared to a profit of 7.12 million yuan in the previous year [2][11]. - The company's price-to-book ratio (LF) is approximately 2.25 times, and the price-to-sales ratio (TTM) is about 1.69 times based on the latest closing price [2]. Reasons for Performance Decline - The overall market downturn and shrinking demand in the industry have led to a decrease in revenue, compounded by a reduction in direct sales receivables [11]. - Intense industry competition has resulted in price adjustments for some products, leading to a decline in gross margin [11]. - Fixed costs such as depreciation and personnel expenses have not decreased in line with the revenue drop, causing further financial strain [11]. - The company has conducted a comprehensive review of its assets and has made provisions for asset impairment totaling approximately 200 million yuan [11].

每经AI快讯，江山欧派1月23日晚间发布业绩预告，预计2025年年度实现归属于母公司所有者的净利润 为-2.3亿元到-1.8亿元，与上年同期数约1.09亿元相比，将出现亏损。业绩变动主要原因是，行业市场整 体下行、市场需求萎缩，同时公司直营欠款业务减少，导致收入下降，经财务部门初步测算，公司2025 年全年实现营业收入约16亿元；行业竞争激烈，公司部分产品价格调整，导致毛利率下降；收入下降， 公司折旧费用、人员费用等固定费用下降滞后；计提各项资产减值准备。 （记者 曾健辉） 每经头条（nbdtoutiao）——地方国资开始"抄底"法拍房！单价六七千元"扫货"广州南沙区超60套房 源，同小区二手房挂牌均价逾2万元 ...

每经AI快讯，江山欧派（603208）1月23日发布业绩预告，预计2025年实现归属于母公司所有者的净利 润为亏损1.8亿元到2.3亿元，上年同期净利润为1.09亿元。报告期内，行业市场整体下行、市场需求萎 缩，同时公司直营欠款业务减少，导致收入下降。 ...