兰州黄河(000929) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company anticipates a loss for the first half of 2025, with net profit attributable to shareholders projected to be a loss of RMB 10 million to RMB 13 million, an increase in loss compared to the prior year, and operating revenue expected to decline to RMB 93.5 million to RMB 105 million 2025 Semi-Annual Performance Forecast | Item | Current Period (Jan 1 - Jun 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: -13.00 million RMB to -10.00 million RMB | Loss: -8.20 million RMB | | Year-on-Year Change | Decrease: -58.54% to -21.96% | - | | Net Profit After Non-Recurring Items | Loss: -15.00 million RMB to -12.00 million RMB | Loss: -15.97 million RMB | | Year-on-Year Change | Increase: 6.05% to 24.84% | - | | Basic Earnings Per Share | Loss: -0.0700 RMB/share to -0.0539 RMB/share | Loss: -0.0441 RMB/share | | Operating Revenue | 93.50 million RMB – 105.00 million RMB | 115.03 million RMB | Communication with Accounting Firm The company explicitly states that this performance forecast has not been pre-audited by an accounting firm - This performance forecast has not been pre-audited by an accounting firm[3] Explanation of Performance Changes The primary reason for the performance loss is intensified local market competition, where increased marketing efforts did not lead to rapid beer sales growth, alongside a non-recurring net gain of approximately RMB 2.66 million from securities investments - Performance loss is primarily attributed to intensified competition in the company's local market, where increased marketing efforts did not effectively drive beer sales growth[4] - In the first half of 2025, the company recorded a net gain of approximately RMB 2.66 million from securities investments, which is classified as non-recurring profit or loss[4] Risk Warning The company warns that this performance forecast is a preliminary estimate, and more critically, its stock has been subject to delisting risk warning since April 30, 2025, due to 2024 financial data, potentially facing delisting if 2025 performance remains unsatisfactory - This performance forecast represents a preliminary estimate by the company's financial department, with final data subject to the 2025 semi-annual report[5] - The company's stock has been subject to a delisting risk warning since April 30, 2025, due to its 2024 financial data triggering relevant provisions of the Shenzhen Stock Exchange Stock Listing Rules[5] - Should the company's 2025 performance continue to be unsatisfactory, its stock may face the risk of delisting[5] Other Relevant Information The company reiterates that its designated information disclosure media are China Securities Journal, Securities Times, and cninfo.com.cn, advising investors to rely on official announcements - The company's designated information disclosure media are China Securities Journal, Securities Times, and cninfo.com.cn, and all information should be based on these official sources[6]