Group 1 - The core viewpoint of the article is that Haosen Intelligent has initiated a collaboration project with Beijing Benz involving humanoid robots, which is characterized as a normal business cooperation with a small order scale [1] - The company stated that this collaboration will not have a significant impact on its operating performance [1]

Performance Forecast - The company expects a net profit attributable to shareholders for the year 2025 to be between -910 million and -820 million yuan, indicating a loss compared to the previous year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -909 million and -819 million yuan [1] Previous Year Performance - In the previous year, the total profit was -116.36 million yuan, with a net profit attributable to shareholders of -87.92 million yuan, and a net profit after deducting non-recurring gains and losses of -107.39 million yuan [1] Revenue and Margin Decline - The company's revenue is expected to decline slightly due to extended project acceptance cycles influenced by long international transportation logistics and low capacity utilization rates among domestic downstream manufacturers [2] - Increased competition in the downstream vehicle sales market has led to reduced capital expenditure from clients, resulting in lower equipment investment demand and extended project acceptance cycles, which have negatively impacted sales gross margin [2] Asset Impairment Losses - There has been a significant increase in asset impairment losses due to prolonged execution cycles and increased costs associated with project implementation, particularly in overseas projects affected by visa and local regulatory issues [3] - The need to recognize higher inventory impairment provisions has arisen from anticipated cost increases [3] Credit Impairment Losses - The company has recorded substantial credit impairment losses due to a significant increase in accounts receivable and extended aging of these receivables, influenced by intensified market competition [4] - The collection of receivables is uncertain, affected by macroeconomic factors and the sales performance of clients' products [4] Earnings Per Share - The expected earnings per share for the company is projected to be -0.53 yuan [5]

Core Viewpoint - Haosen Intelligent (688529.SH) is expected to report a net loss attributable to shareholders of the parent company for the year 2025, with projected losses ranging from 9.1 billion to 8.2 billion yuan compared to the previous year [1] Financial Performance - The company anticipates a significant decline in net profit, projecting a loss of between 9.1 billion yuan and 8.2 billion yuan for 2025 [1]

Core Viewpoint - Haosen Intelligent (688529.SH) expects to report a net loss attributable to shareholders of the parent company for the year 2025, with an estimated range of -9.1 billion to -8.2 billion yuan compared to the previous year [1] Financial Performance - The company anticipates a significant decline in net profit, projecting a loss between -9.1 billion and -8.2 billion yuan for 2025 [1]

Core Viewpoint - The company, Haosen Intelligent (688529.SH), is expected to report a significant net loss for the year 2025, with projected losses ranging from 820 million to 910 million yuan compared to the previous year [1] Financial Performance - The net profit attributable to the parent company is forecasted to be between -910 million yuan and -820 million yuan for 2025 [1] - The net profit after deducting non-recurring gains and losses is estimated to be between -909 million yuan and -819 million yuan [1] Operational Challenges - The company faces extended project acceptance cycles due to long international transportation logistics and prolonged on-site implementation periods for overseas projects [1] - Domestic downstream automotive manufacturers and parts suppliers are experiencing low capacity utilization rates, contributing to a slight decline in revenue for 2025 [1] Market Conditions - Increased competition in the downstream vehicle sales market has led to reduced capital expenditures by client automotive companies, resulting in lower demand for equipment investments [1] - The expansion of production capacity in the equipment manufacturing industry has intensified market competition, limiting profit margins on orders and increasing the cost proportion of project implementation [1]

Financial Performance Forecast - The company expects a net loss attributable to shareholders of the parent company for 2025 to be between -910 million yuan and -820 million yuan, compared to a net loss of -879.2 million yuan in the same period last year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -909 million yuan and -819 million yuan[2]. - The total profit for the previous year was -116.36 million yuan, with a net loss attributable to shareholders of -87.92 million yuan[4]. - The performance forecast has not been audited by external accountants and is based on preliminary calculations by the company's financial department[3][9]. - Investors are advised to be cautious as the forecast data is preliminary and the final audited financial data will be disclosed in the 2025 annual report[11]. Revenue and Market Conditions - The decline in revenue is attributed to prolonged project acceptance cycles and reduced capital expenditure from clients due to intensified competition in the automotive market[6]. - The company has seen a significant increase in asset impairment losses due to extended execution cycles and rising material costs in overseas projects[7]. - Credit impairment losses have also increased due to a rise in accounts receivable and extended aging, influenced by macroeconomic factors and client efficiency[8]. Risk Management - The company is actively monitoring accounts receivable and enhancing management to control project repayment risks[8].

Core Viewpoint - Haosen Intelligent has announced a significant expected net loss for the fiscal year 2025, projecting a net profit attributable to the parent company of between -910 million yuan and -820 million yuan, indicating a challenging operational environment due to various factors [1] Group 1: Revenue and Profitability - The company anticipates a slight decline in revenue for 2025, influenced by prolonged international logistics times for overseas projects and extended delivery cycles for on-site implementations [1] - The sales gross margin has decreased due to intensified competition in the downstream vehicle sales market, leading to reduced capital expenditures by client automakers and a corresponding decline in equipment investment demand [1] - Increased project implementation costs and a more competitive market have limited order profitability, contributing to the decline in sales gross margin during the reporting period [1] Group 2: Asset Impairment and Credit Losses - There has been a significant increase in the provision for asset impairment losses, driven by prolonged execution cycles and the need for continued manpower investment at client sites due to intensified competition [1] - The company faces higher project costs due to various adverse factors, including visa issues and local regulations for overseas projects, as well as changes in client demands leading to additional material costs and extended production cycles [1] - The provision for credit impairment losses has also risen substantially, attributed to an increase in accounts receivable and aging balances as the company navigates a more competitive market [1]

豪森智能公告称，预计2025年年度归属于母公司所有者的净利润为-9.10亿元到-8.20亿元，上年同期 为-8791.98万元；扣非净利润为-9.09亿元到-8.19亿元。主要因营收规模、销售毛利率下滑，计提资产减 值损失大幅增加，计提信用减值损失较多。受海外运输物流等因素影响，2025年度营业收入规模略有下 滑；部分项目成本增加，计提存货跌价准备金额大幅增加；公司应收账款余额增长、账龄延长，计提信 用减值损失金额较大。 ...

证券日报网讯1月23日，豪森智能在互动平台回答投资者提问时表示，公司研发整体按照规划稳步推 进，公司将根据相关法律法规判断是否达到披露业绩预告的标准，请关注公司后续公告。 ...

Core Viewpoint - The company has successfully integrated its stacking machine equipment for solid-state batteries into customer production lines and is steadily advancing its humanoid robot business according to plan [2] Group 1: Solid-State Battery Equipment - The company has deployed stacking machine equipment for new process batteries, specifically solid-state batteries, into customer production lines [2] - This indicates a commitment to innovation and adaptation in the battery technology sector [2] Group 2: Humanoid Robot Business - The humanoid robot business is progressing as planned, focusing on applications in industrial scenarios such as sorting, loading and unloading, and bolt pre-tightening [2] - Future expansions into related process scenarios will depend on the maturity of the technology [2]