龙蟠科技（603906）(02465)发布公告，公司根据《企业会计准则第8号—资产减值》《会计监管风险提 示第8号—商誉减值》及公司会计政策等相关规定，对合并报表范围内各项资产负债表日可能发生减值 迹象的商誉、应收账款、存货等相关资产进行了初步减值测试，2025年度公司拟计提减值准备，预计导 致归属于上市公司股东的净利润减少人民币7121.01万元至8036.11万元。 ...

2025年度，公司磷酸铁锂正极材料业务受原材料碳酸锂价格波动等因素影响，毛利率仍处于低位;叠加 部分产品的存货跌价损失以及资产减值等事项影响，外加少数股东回购权、可转换、可赎回优先股等金 融负债公允价值变动产生了较大的非经常性损益，公司业绩仍为亏损。公司通过坚持产品差异化发展战 略、积极寻求出海机遇、贯彻降本增效理念等减亏举措，2025年度较上年亏损额度大幅减少。 龙蟠科技（603906）(02465)公布，经财务部门初步测算，预计2025年度实现归属于母公司所有者的净 亏损约1.8亿元至1.48亿元，与上年同期相比，亏损额度大幅减少。预计2025年度实现归属于母公司所有 者的扣除非经常性损益的净亏损约3950.14万元至2918.98万元。 ...

2025年度，公司磷酸铁锂正极材料业务受原材料碳酸锂价格波动等因素影响，毛利率仍处於低位；叠加 部分产品的存货跌价损失以及资产减值等事项影响，外加少数股东回购权、可转换、可赎回优先股等金 融负债公允价值变动产生了较大的非经常性损益，公司业绩仍为亏损。公司通过坚持产品差异化发展战 略、积极寻求出海机遇、贯彻降本增效理念等减亏举措，2025年度较上年亏损额度大幅减少。 格隆汇1月29日丨龙蟠科技(02465.HK)发布2025年年度业绩预告。经财务部门初步测算，预计2025年度 实现归属于母公司所有者的净利润人民币–1.8亿元至人民币–1.48亿元，与上年同期相比，亏损额度大幅 减少。2、公司预计2025年度实现归属于母公司所有者的扣除非经常性损益的净利润人民币–3,950.14万 元至人民币–2,918.98万元。 ...

Core Viewpoint - Longpan Technology (02465) is expected to significantly reduce its net loss for the fiscal year 2025, projecting a loss of approximately 148 million to 180 million yuan, compared to the previous year [1] Financial Performance - The company anticipates a net loss attributable to shareholders, excluding non-recurring gains and losses, of about 39.5 million to 29.2 million yuan for 2025 [1] - The projected loss for 2025 represents a substantial decrease compared to the previous year's figures [1] Business Operations - The company's lithium iron phosphate cathode material business is affected by fluctuations in raw material lithium carbonate prices, resulting in low gross margins [1] - Additional impacts on performance include inventory impairment losses and asset impairment, as well as significant non-recurring gains and losses from financial liabilities such as minority shareholder buyback rights and convertible redeemable preferred shares [1] Strategic Initiatives - The company is implementing strategies focused on product differentiation, actively seeking international opportunities, and promoting cost reduction and efficiency improvements to mitigate losses [1]

Core Viewpoint - Longpan Technology (02465) announced a preliminary impairment test on goodwill, accounts receivable, and inventory, indicating a potential reduction in net profit attributable to shareholders by approximately RMB 71.21 million to RMB 80.36 million for the fiscal year 2025 [1] Group 1 - The company conducted an initial impairment test on various assets within the consolidated financial statements, including goodwill, accounts receivable, and inventory [1] - The impairment testing was performed in accordance with relevant regulations such as the Accounting Standards for Business Enterprises No. 8 and the Accounting Regulatory Risk Reminder No. 8 [1] - The expected impairment provision will lead to a decrease in net profit attributable to shareholders of the listed company by RMB 71.21 million to RMB 80.36 million [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 Jiangsu Lopal Tech. Group Co., Ltd. 江蘇龍蟠科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2465） 關於擬計提減值準備的提示性公告 重要內容提示： 江蘇龍蟠科技集團股份有限公司（以下簡稱「公司」）根據《企業會計準則第8號 — 資 產減值》《會計監管風險提示第8號 — 商譽減值》及公司會計政策等相關規定，對合 併報表範圍內各項資產負債表日可能發生減值跡象的商譽、應收賬款、存貨等相關 資產進行了初步減值測試，2025年度公司擬計提減值準備，預計導致歸屬於上市公 司股東的淨利潤減少人民幣7,121.01萬元至人民幣8,036.11萬元。 本次計提減值準備金額未經審計，最終會計處理及對公司2025年度利潤的影響以公 司披露的2025年年度報告為準。 一、計提減值準備概述 二、本次計提減值對公司的影響 上述減值事項預計將導致歸屬於上市公司股東的 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 Jiangsu Lopal Tech. Group Co., Ltd. 江蘇龍蟠科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2465） 內幕消息 2025年年度業績預告 本公告乃由江蘇龍蟠科技集團股份有限公司（「本公司」）根據香港聯合交易所有限公 司證券上市規則第13.09(2)(a)條及第13.10B條及香港法例第571章證券及期貨條例 第XIVA部項下的內幕消息條文而作出。 一、本期業績預告情況 （一）業績預告期間 2025年1月1日至2025年12月31日。 （二）業績預告情況 – 1 – 1、 經財務部門初步測算，預計2025年度實現歸屬於母公司所有者的淨利 潤人民幣–18,016.66萬元至人民幣–14,799.40萬元，與上年同期相比， 虧損額度大幅減少。 2、 公司預計2025年度實現歸屬於母公司所有者的扣除非經常性損益的淨 利潤人民幣–3,950.14萬 ...

Major Announcements - China Gold announced that its stock trading shows signs of market sentiment overheating, which may lead to a risk of short-term declines after significant price increases. The company's P/E ratio is 55.63, significantly higher than the industry median of 28.60 [1] - Zhaojin Mining stated that the prices of its gold and gold concentrate products are highly influenced by fluctuations in gold prices, which could significantly impact its operating performance if gold prices experience large swings [2] - Silver (Core Stock) Nonferrous reported that the revenue from its gold and silver products constitutes a low proportion of total operating income, with gold product sales accounting for 18.67% and silver product sales for 4.54% of total revenue [3] Company-Specific Risks - Hunan Silver (Core Stock) indicated that it has a relatively low amount of proven metal resources compared to industry peers, which poses a resource reserve risk. The company also faces risks from silver price fluctuations and has a low gross margin of 6.54% compared to mining companies [4] - TianShun Wind Energy decided to implement a long-term shutdown of six wholly-owned subsidiaries due to increasing market competition, aiming to optimize resource allocation and focus on core businesses like offshore wind power [5] - Qidi Environment expects a negative net asset value by the end of 2025, which may lead to a risk warning for its stock trading if the audited net assets are confirmed to be negative [6] Performance Forecasts - BlueFocus anticipates a net profit of 1.8 billion to 2.2 billion yuan for 2025, benefiting from growth in overseas business and improved credit management [12] - Shengyi Technology expects a net profit of 3.25 billion to 3.45 billion yuan for 2025, representing a year-on-year increase of 87% to 98% due to rising sales of copper-clad laminates [13] - Sichuan Gold forecasts a net profit of 420 million to 480 million yuan for 2025, up 69.23% to 93.4% year-on-year, driven by increased sales volume and rising gold prices [14] - Dongfang Communication predicts a net profit of approximately 360 million yuan for 2025, a year-on-year increase of about 138.5%, primarily due to significant investment gains from the disposal of financial assets [15] Other Notable Announcements - Yunnan Copper confirmed that its production and operations are normal, with no undisclosed significant matters, despite its stock experiencing a 20% price fluctuation [9] - Liou Co. reported that its operations are normal, with no undisclosed significant matters, and its stock has also seen a significant price fluctuation [10] - Guosheng Securities expects a net profit of 210 million to 280 million yuan for 2025, reflecting a year-on-year increase of 25.44% to 67.25% due to robust business development [29]

Core Insights - The 2026 Jiangsu Provincial Urban Football League (referred to as "Su Super") is set to continue the momentum generated by its inaugural season in 2025, with a strong lineup of sponsors and heightened public interest [1][2] Sponsorship and Financial Aspects - The 2026 season has attracted 24 sponsors, including notable companies such as Jiangsu Bank, Suhao Holding Group, Heineken, Adidas, and Ant Financial, showcasing a robust sponsorship portfolio [1][2] - The total sponsorship amount for the 2026 season was previously reported to exceed 202 million yuan, although this figure is still subject to confirmation due to pending agreements [2] Audience Engagement and Popularity - The inaugural season of Su Super saw significant audience engagement, with a total attendance of 2.43 million across 85 matches, averaging 28,000 spectators per match, and online viewership reaching 2.2 billion [4] - The league has generated a cultural phenomenon, with various social media trends and memes emerging from the matches, indicating a strong community connection and engagement [4][5] Socioeconomic Context - The success of Su Super is attributed to the unique competitive spirit among the 13 cities in Jiangsu, each with its own economic strengths and cultural pride, creating a vibrant local rivalry [5][6] - The league's rapid growth in sponsorship from 6 to nearly 40 partners within a year reflects the effective governance and responsiveness of local authorities to capitalize on this sporting event [5] Changes and Innovations for the New Season - The 2026 season will introduce a new competition format, including a two-leg knockout stage in the playoffs, increasing the total number of matches to 91 [8] - The league will also expand its sponsorship model to include small and micro enterprises, allowing them to participate as official sponsors, thereby enhancing community involvement [9] Broader Implications and Future Prospects - The success of Su Super has inspired other regions to launch similar sports events, but experts suggest that replicating its success requires a deep understanding of local cultural and social dynamics [10]

重要内容提示： 江苏龙蟠科技集团股份有限公司（以下简称"公司"）根据《企业会计准则 第 8 号—资产减值》《会计监管风险提示第 8 号—商誉减值》及公司会计政策等 相关规定，对合并报表范围内各项资产负债表日可能发生减值迹象的商誉、应收 账款、存货等相关资产进行了初步减值测试，2025 年度公司拟计提减值准备， 预计导致归属于上市公司股东的净利润减少 7,121.01 万元至 8,036.11 万元。 本次计提减值准备金额未经审计，最终会计处理及对公司 2025 年度利润的 影响以公司披露的 2025 年年度报告为准。 证券代码：603906 证券简称：龙蟠科技 公告编号：2026-025 江苏龙蟠科技集团股份有限公司 关于拟计提减值准备的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、计提减值准备概述 （一）应收款项 2025年度拟计提的应收款项信用减值损失金额约为3,399.46万元至3,900.43 万元，主要原因是应收账款余额增加所致。 （二）存货 2025 年度拟计提的存货跌价准备金额约为 8,1 ...