Shanxi Lanhua Sci-Tech Venture Co., Ltd. 2025 Semi-Annual Performance Forecast Analysis Current Period Performance Forecast The company anticipates a significant decline in H1 2025 net profit attributable to shareholders, with a projected non-recurring net loss, based on unaudited preliminary estimates H1 2025 Performance Forecast Core Data | Metric | H1 2025 Forecast (CNY Million) | H1 2024 (CNY Million) | YoY Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 40 - 60 | 551.63 | -89.12% to -92.75% | | Non-Recurring Net Profit Attributable to Shareholders | -170 - -140 | 554.18 | - | - This performance forecast is unaudited and represents preliminary estimates by the finance department5 Prior Period Performance Review In H1 2024, the company reported a net profit attributable to shareholders and a non-recurring net profit, along with basic earnings per share H1 2024 Performance Review | Metric | Amount | | :--- | :--- | | Net Profit Attributable to Shareholders | 551.63 CNY Million | | Non-Recurring Net Profit Attributable to Shareholders | 554.18 CNY Million | | Earnings Per Share | 0.3714 CNY | Analysis of Performance Decline Reasons The significant performance decline is primarily due to weakened market demand and price drops for core products, coupled with reduced investment income from an associate's production halt, partially offset by a non-recurring gain from an equity investment refund Impact of Main Business Operations Weakened market demand and falling prices for core products, coal and urea, led to a decline in main business revenue and profit, further impacted by the cessation of operations at an associate company - The company's primary products, coal and urea, experienced declining revenue and profit due to easing market demand and continuous price drops7 - Investment income significantly decreased as associate company Shanxi Yamei Daning Energy Co., Ltd. officially ceased production in mid-May due to the expiration of its operating period7 Impact of Non-Recurring Gains and Losses The company received a significant refund for a long-term equity investment in May 2025, which generated a substantial non-recurring gain positively impacting current period net profit - The company received a refund of CNY 337 million for a long-term equity investment in a wholly-owned subsidiary acquisition, which, after deducting corresponding asset values, increased current period non-recurring gains and losses by CNY 213 million8 Risk Warning and Other Explanations The company emphasizes that this performance forecast is based on preliminary, unaudited financial estimates and may differ from the final audited semi-annual report, urging investors to exercise caution - This performance forecast data is preliminary and unaudited; the final accurate financial data will be based on the company's officially disclosed 2025 semi-annual report1011 - As of the announcement date, the company has not identified any significant uncertainties affecting the accuracy of this performance forecast10
兰花科创(600123) - 2025 Q2 - 季度业绩预告