Core Viewpoint - Guodi Technology (002694.SZ) is expected to report a net loss of between 299.69 million and 577.22 million yuan for the year 2025, compared to a loss of 153.39 million yuan in the previous year [1] Group 1: Performance Forecast - The company anticipates a non-recurring net loss of between 63.21 million and 122.70 million yuan for 2025, with the previous year's loss being 155.14 million yuan [1] Group 2: Reasons for Performance Changes - The company has adapted to market changes by optimizing sales strategies, improving product structure, focusing on municipal engineering projects, and expanding its dealer network, which has effectively increased product sales gross margin [2] - Internal management has been strengthened to enhance operational efficiency and strictly control costs, leading to a significant improvement in net profit after excluding non-recurring losses, although the overall net profit remains in substantial loss due to provisions for pending litigation [2] - The company expects the equity attributable to shareholders of the parent company to be negative by the end of 2025, primarily due to provisions for pending litigation [2] - The impact of the provisions for pending litigation on the net profit attributable to shareholders of the listed company is estimated to be between 280 million and 410 million yuan, and this impact is classified as a non-recurring loss [2]

Group 1 - The company Gu Di Technology announced an earnings forecast on January 30, expecting a net loss attributable to shareholders of approximately 300 million to 577 million yuan for 2025 [1] - The basic earnings per share are projected to be a loss of 0.42 to 0.8 yuan [1] - In the same period last year, the net loss attributable to shareholders was approximately 153 million yuan, with a basic earnings per share loss of 0.21 yuan [1]

Group 1 - The core viewpoint of the article indicates that Gu Di Technology (002694.SZ) is expected to report a significant loss in net profit for the fiscal year 2025, ranging from 300 million to 577 million yuan [1] - The company anticipates that its net assets will be negative by the end of fiscal year 2025 [1] - If the audited net assets are confirmed to be negative, the company's stock will be subject to delisting risk warnings, indicated by the prefix "*ST" in its stock name after the disclosure of the annual report [1]

Financial Performance Expectations - The company expects a net profit loss between RMB 299.69 million and RMB 577.22 million for the year 2025, a decline of 95.38% to 276.32% compared to the previous year's loss of RMB 153.39 million[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss between RMB 63.21 million and RMB 122.70 million, showing an improvement of 59.26% to 20.91% compared to last year's loss of RMB 155.14 million[3]. - The basic earnings per share are expected to be a loss between RMB 0.42 and RMB 0.80, compared to a loss of RMB 0.21 in the previous year[3]. - The company's equity attributable to shareholders is projected to be negative, ranging from RMB -35 million to RMB -69 million, down from RMB 408.04 million at the end of the previous year[3]. - The significant loss is primarily due to provisions for pending litigation, which is estimated to impact the net profit attributable to shareholders by approximately RMB 280 million to RMB 410 million[6]. Strategic Initiatives - The company has optimized sales strategies and improved product structure, focusing on municipal engineering projects and expanding the distributor network to enhance gross sales margins[6]. - The company is committed to strengthening internal management and improving operational efficiency while strictly controlling costs[6]. Regulatory and Disclosure Considerations - The company emphasizes that the financial data is preliminary and has not been audited, with the final figures to be disclosed in the 2025 annual report[7]. - There is a risk of delisting if the audited net assets at the end of 2025 are negative, as per the Shenzhen Stock Exchange regulations[7]. - The company will continue to fulfill its information disclosure obligations based on the progress of the audit[7].

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 经公司财务部门初步测算，预计公司 2025 年度期末净资产为负值。如公司 2025 年度经审计的期末净资产为负值，根据《深圳证券交易所股票上市规则》 第 9.3.1 条第一款第二项之规定，公司股票交易将在 2025 年年度报告披露后被实 施退市风险警示（股票简称前冠以"*ST"字样）。敬请投资者注意投资风险。 证券代码：002694 证券简称：顾地科技 公告编号：2026-004 一、公司股票交易可能被实施退市风险警示的情况说明 经顾地科技股份有限公司（以下简称"公司"）财务部门初步测算（未经审 计），公司 2025 年末归属于母公司所有者权益约为-3,500 万元至-6,900 万元， 具体内容详见公司同日披露的《2025 年年度业绩预告》（公告编号：2025-003）。 顾地科技股份有限公司 关于公司股票交易可能被实施退市风险警示的风险提示公告 根据《深圳证券交易所股票上市规则》9.3.1 第一款第二项的规定，若公司 2025 年度经审计的财务数据触及"最近一个会计年度经审计的期末净资产为负 ...

Core Viewpoint - The company is involved in a construction contract dispute with a claim amount of 109 million yuan, which is currently under legal proceedings [1] Group 1: Legal Proceedings - The company has been named as a defendant in a forced execution case related to a construction contract dispute, with the claim amounting to 109 million yuan [1] - The plaintiff, Ningxia Construction Group's second branch, has applied to add the company as an executed party, although the court previously rejected this application [1] - The company received a court summons on January 28, 2026, with the hearing scheduled for March 3, 2026, and the outcome of the case remains uncertain [1] Group 2: Ongoing Legal Issues - The company has disclosed multiple cases of personality confusion and is actively engaging a legal team to address these issues [1]

关于公司涉及诉讼事项的进展公告（建设工程施工合同纠纷强制 执行案） 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 证券代码：002694 证券简称：顾地科技 公告编号：2026-002 顾地科技股份有限公司 重要内容提示： 1、案件所处的诉讼阶段：收到传票。 2、上市公司所处的当事人地位：被告。 3、涉案金额：109,453,514.97 元及执行费等相关费用（根据前次执行裁定书 确定）。 4、对上市公司损益产生的影响：本次诉讼结果存在不确定性，尚不能确定 对公司本期利润或期后利润的影响。 5、阿拉善盟梦想汽车文化旅游开发有限公司已于 2023 年 5 月从公司完全剥 离，不再属于公司合并报表范围内子公司。 近日，顾地科技股份有限公司（以下简称"公司"、"顾地科技"）收到内 蒙古自治区阿拉善盟中级人民法院下发的《传票》，现将有关情况公告如下： 一、本次诉讼的基本情况及进展情况 （一）基本情况 原告：宁夏建工集团有限公司二分公司 住所地：宁夏回族自治区银川市西夏区怀远东路 68 号（宁夏建工集团劳务 管理公司办公楼一楼） 被告：顾地科技股份有限公司 住所地：湖 ...

Core Viewpoint - The renovation and building materials sector experienced a slight decline of 0.06% on January 27, with Guoliang New Materials leading the drop [1][2]. Group 1: Market Performance - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1]. - Guoliang New Materials saw a significant decline of 6.89%, closing at 26.62, with a trading volume of 79,300 shares and a transaction value of 211 million yuan [2]. - Other notable decliners included Asia Creative Energy, down 4.43%, and Donghe New Materials, down 3.47% [2]. Group 2: Stock Performance - The top gainers in the renovation and building materials sector included Youbang Ceiling, which rose by 7.54% to close at 75.60, with a trading volume of 37,200 shares and a transaction value of 270 million yuan [1]. - Other gainers included Rabbit Baby, up 3.30%, and Lezhi Group, up 2.16% [1]. - The overall sector saw a net outflow of 52.17 million yuan from main funds, while retail investors contributed a net inflow of 93.68 million yuan [2][3]. Group 3: Fund Flow Analysis - Main funds showed a net outflow from Youbang Ceiling of 38.45 million yuan, while retail investors had a net inflow of 47.24 million yuan [3]. - Other stocks like Wanli Stone and Puhui Co. also experienced varying levels of net inflow and outflow from different investor categories [3].

Group 1: Industry Trends - The pipeline industry is experiencing a "infrastructure-driven, increasing differentiation" trend in bidding participation [1] - Market and policy are driving forces, with large infrastructure projects like national water network construction and urban renewal being key factors [1] - The competitive landscape is increasingly polarized, with leading companies leveraging full industry chain capabilities and brand reputation to dominate major project bids [1] - The bidding threshold has significantly increased, with emphasis on certifications and past project performance as core evaluation factors [1] Group 2: Company Highlights - Guangdong Xiong Plastic Technology Group Co., Ltd. ranked first in the bidding evaluation activity, known for its extensive product range and strong market presence [6] - Hubei Dayang Plastic Co., Ltd. focuses on high polymer plastic pipeline systems and has established itself as a key player in central China [7] - Guangdong Liansu Technology Industrial Co., Ltd. is a leading building materials group with a comprehensive product system and a strong brand influence [8] - Zhejiang Zhongcai Pipeline Technology Co., Ltd. is recognized for its complete product range and participation in national standard formulation [9] - Gu Di Technology Co., Ltd. is a well-known listed company in the plastic pipeline industry, maintaining a strong market position in central and southwestern China [10] - Gongyuan Co., Ltd. is a leading supplier of high-quality plastic pipeline systems, actively participating in national and industry standard formulation [11] - Chongzhou Minjiang Plastic Co., Ltd. has evolved into a significant player in the plastic pipeline industry with a diverse product range [12] - Anyang Steel Group Yongtong Ductile Iron Pipe Co., Ltd. is a prominent manufacturer of ductile iron pipes with a strong focus on quality and innovation [13] - Hubei Kaike Plastic Industry Co., Ltd. specializes in plastic pipeline systems and has established a good brand reputation in central China [14] - Shandong Dongxin Plastic Co., Ltd. is a high-tech enterprise focusing on plastic pipeline systems, known for its stable product performance and regional service network [15]

Industry Overview - The pipeline industry is experiencing intense competition with a significant structural differentiation pattern, where the overall market size is large but growth is slowing down, shifting the competitive focus from scale and price to technology, brand, and comprehensive services [1] - The market structure resembles a "pyramid," with a few national leading enterprises at the top, regional brands in the middle, and numerous small manufacturers at the base, which are heavily engaged in price competition due to product homogeneity [1] - The industry is witnessing a diversification in competition dimensions, with a shift from traditional PVC and PE pipes to high-performance plastic composite pipes and stainless steel pipes, emphasizing higher requirements for corrosion resistance, antibacterial properties, and energy efficiency [1] Market Dynamics - The industry concentration is continuously increasing under the backdrop of environmental upgrades and stricter quality regulations, indicating a "stronger gets stronger" trend [1] - Companies face challenges such as fluctuations in real estate demand and raw material prices [1] Competitive Landscape - Future competitiveness will favor system solution providers for old pipeline renovations, urban renewal, rural water management, and green buildings [2] - A promotional event for pipeline procurement evaluation is being held to enhance brand value and market share for reputable suppliers [2] Top Companies - **Hubei Dayang Plastic Co., Ltd.**: A national high-tech enterprise focusing on polymer plastic pipeline systems, with a product range that includes municipal water supply, gas pipelines, and agricultural irrigation [6] - **Gongyuan Co., Ltd.**: A leading supplier of high-quality plastic pipeline systems, known for its comprehensive product range and strong brand influence [7] - **Hubei Kaike Plastic Industry Co., Ltd.**: Specializes in plastic pipeline systems with a focus on quality and technology, establishing a strong regional reputation [8] - **Fujian Jiyou Plastic Co., Ltd.**: Focuses on plastic pipeline systems with a commitment to quality and customer service, maintaining a stable market position in its region [9] - **Shandong Dongxin Plastic Co., Ltd.**: A high-tech enterprise with a diverse product range, emphasizing technology and innovation in its operations [10] - **Suntop Pipe Technology Co., Ltd.**: Engages in the development and manufacturing of new plastic pipeline systems, with a strong focus on quality and environmental standards [11][12] - **Guangdong Liansu Technology Industrial Co., Ltd.**: A large building materials group with a comprehensive product range, serving major infrastructure projects [13] - **Aikan Enterprise Group (Zhejiang) Co., Ltd.**: A high-tech enterprise specializing in new plastic pipeline systems, known for its quality management and regional service capabilities [14] - **Zhejiang Zhongcai Pipeline Technology Co., Ltd.**: A leading supplier of plastic pipeline systems with a strong emphasis on quality assurance and brand reputation [15] - **Gudi Technology Co., Ltd.**: A well-known company in the plastic pipeline industry, maintaining a significant market position through quality and service [16]