宝鹰股份(002047) - 2025 Q2 - 季度业绩预告

I. Estimated Performance for the Current Period This section provides the company's preliminary financial performance forecast for the first half of 2025, indicating a significant reduction in net loss compared to the previous year (I) Performance Forecast Period This chapter specifies the exact time frame covered by the performance forecast, which is the first half of 2025 - The performance forecast period is from January 1, 2025, to June 30, 2025[3] (II) Estimated Operating Performance The company anticipates a substantial reduction in net loss attributable to shareholders and non-recurring items for the first half of 2025, with a narrower loss per share Comparison of Estimated Operating Performance for H1 2025 vs. Prior Year | Item | Current Period (Estimated) (million CNY) | Prior Period (Actual) (million CNY) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: 20.00 – 30.00 | Loss: 223.75 | | Net Profit After Non-Recurring Items | Loss: 20.00 – 30.00 | Loss: 221.24 | | Basic Earnings Per Share (CNY/share) | Loss: 0.01 – 0.02 | Loss: 0.15 | II. Communication with Accounting Firm This chapter clarifies that the performance forecast data is a preliminary estimate by the company's finance department and has not yet been pre-audited by an accounting firm - The data in this performance forecast is a preliminary estimate by the company's finance department and has not been pre-audited by an accounting firm[4] III. Explanation of Performance Changes The significant reduction in the company's H1 2025 loss is primarily due to a major asset sale in late 2024, though market competition, revenue decline, depreciation, and interest expenses still contribute to ongoing losses; the company will focus on quality projects and subsidiary Baoying Jianke to meet delisting risk removal conditions - The net loss attributable to shareholders for January-June 2025 significantly decreased year-on-year, primarily due to the completion of a major asset sale in December 2024, divesting underperforming assets and creating room for operational improvement[5] - The net profit for the reporting period remained a loss, influenced by intense market competition, declining operating revenue, depreciation of fixed assets, and financing loan interest expenses[5] - The company will concentrate resources, including high-quality engineering projects, on its subsidiary Baoying Jianke, leveraging the advantages of state-owned control and its listed company platform to actively meet the conditions for removing delisting risk warnings and other risk warnings, aiming for high-quality sustainable development[5] IV. Risk Warnings and Other Explanatory Matters This section details the company's current delisting and other risk warnings, outlines specific scenarios that could lead to stock termination, re-emphasizes the non-audited nature of the forecast, and directs investors to official disclosure channels for risk awareness 1. Delisting Risk Warning and Other Risk Warning Status The company's stock is subject to a delisting risk warning due to negative audited owner's equity in 2024 and an additional risk warning for a negative internal control audit opinion for 2024 - The company's stock trading was subject to a delisting risk warning because its audited owner's equity attributable to the parent company was negative in 2024[6] - Dahua Certified Public Accountants (Special General Partnership) issued a negative opinion on the company's 2024 internal control audit report, leading to an additional risk warning for the company's stock trading[6] 2. Risk of Stock Termination of Listing This chapter details various scenarios from the Shenzhen Stock Exchange Listing Rules that could lead to the company's stock termination in 2025, including financial underperformance, adverse audit opinions, and internal control issues, alerting investors to significant delisting risks - If the company's audited total profit, net profit, or net profit after non-recurring items (whichever is lower) is negative for 2025, and the operating revenue after deduction is less than CNY 300 million, the Shenzhen Stock Exchange will decide to terminate the listing of the company's stock[7] - If the company's audited net assets at year-end 2025 are negative, the Shenzhen Stock Exchange will decide to terminate the listing of the company's stock[7] - If the company's 2025 financial accounting report receives a qualified, disclaimer of opinion, or adverse audit opinion, the Shenzhen Stock Exchange will decide to terminate the listing of the company's stock[7] - If the company's 2025 internal control over financial reporting receives a disclaimer of opinion or adverse audit opinion, the Shenzhen Stock Exchange will decide to terminate the listing of the company's stock[7] - If the company fails to disclose its annual report within the statutory period for 2025, with more than half of the directors guaranteeing its truthfulness, accuracy, and completeness, the Shenzhen Stock Exchange will decide to terminate the listing of the company's stock[7] 3. Non-Audited Nature of Performance Forecast This reiterates that the performance forecast is a preliminary estimate by the company's finance department and is not audited, with final financial data to be presented in the H1 2025 report - This performance forecast is a preliminary estimate by the company's finance department and has not been audited; specific financial data will be detailed in the company's 2025 semi-annual report[8] 4. Information Disclosure Media and Investment Risk Warning This section identifies the company's official information disclosure channels and advises investors to rely on these official announcements for rational investment decisions and risk awareness - The company's designated information disclosure media are Securities Times, Securities Daily, Shanghai Securities News, China Securities Journal, and Juchao Information Network (http://www.cninfo.com.cn)[8](index=8&type=chunk) - All company information is subject to announcements published in the aforementioned designated media; investors are advised to invest rationally and be aware of investment risks[8]