正邦科技(002157) - 2025 Q2 - 季度业绩预告

Performance Forecast Overview Current Period Performance Forecast Jiangxi Zhengbang Technology expects to turn losses into profits in the first half of 2025, with net profit attributable to shareholders projected to be RMB 190 million to RMB 210 million, a significant increase of 249.03% to 264.72% compared to a loss of RMB 127.49 million in the same period last year; net profit after deducting non-recurring gains and losses also turned profitable, growing by 118.51% to 125.92% Performance Forecast Period - The performance forecast period is from January 1, 2025, to June 30, 2025[3] 2025 Semi-Annual Performance Forecast Key Financial Indicators for 2025 Semi-Annual Performance Forecast | Item | Current Period Forecast (RMB) | Prior Period (RMB) | Year-over-Year Growth | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Profit: 190 million – 210 million | Loss: 127.49 million | 249.03% – 264.72% | | Net Profit After Deducting Non-Recurring Gains and Losses | Profit: 50 million – 70 million | Loss: 270.11 million | 118.51% – 125.92% | | Basic Earnings Per Share | Profit: 0.0205/share – 0.0227/share | Loss: 0.0138/share | - | Communication with Accounting Firm The performance forecast data represents preliminary estimates by the company's finance department and has not yet been audited by a certified public accountant - The performance forecast data is a preliminary estimate by the company's finance department and has not been audited by a certified public accountant[4] Performance Change Analysis Explanation of Performance Changes The company's turnaround to profitability is primarily attributed to the 'volume and price increase' in its hog farming business, significant achievements in production management and cost control, and support from controlling shareholder Twins Group in resource integration and asset revitalization; debt-for-equity restructuring gains within non-recurring gains and losses also positively impacted net profit, while provisions for impairment of certain receivables and inventory negatively affected profit Significant Contribution from Hog Farming Business - Hog farming business revenue reached RMB 4.077 billion, a year-over-year increase of 134.59%[6] - Hog sales significantly increased to 3.5766 million head, a year-over-year increase of 125.04%, with 2.006 million head of piglets (up 128.19%) and 1.5706 million head of commercial hogs (up 121.15%) marketed[6] - Affected by market fluctuations, sales prices for piglets and commercial hogs rebounded, with the average hog sales price increasing by approximately RMB 46 per head compared to the prior period, achieving both 'volume and price increases'[6] Continuous Strengthening of Production Management and Cost Control - The company continuously strengthened production management and cost control, benefiting from the controlling shareholder Twins Group's introduction of mature cost control processes and resource advantages, achieving cost reduction and efficiency improvement[6] - Twins Group leased some of the company's idle pig farms and feed mills, effectively reducing the company's asset idleness losses[6] - Overall gross profit margin increased by approximately 4% compared to the prior period, driving net profit growth[6] Compliance with Accounting Standards for Business Enterprises - During the reporting period, the company made provisions for expected credit losses on receivables and impairment provisions for inventory in certain regions, totaling approximately RMB 200 million[7] Non-Recurring Gains and Losses from Court-Ordered Restructuring - Non-recurring gains and losses primarily stemmed from restructuring income generated by the company's debt-for-equity swap based on court rulings[7] Risk Warning and Disclaimer Risk Warning and Other Disclosures The company designates specific information disclosure media, emphasizes that this performance forecast is a preliminary estimate, and advises investors to be aware of investment risks, with final financial data subject to the semi-annual report - The company designates Securities Times, Securities Daily, Shanghai Securities News, China Securities Journal, and Juchao Information Network as its information disclosure media[8] - This performance forecast is a preliminary estimate, and specific financial data will be detailed in the 2025 semi-annual report[8] - Investors are advised to make prudent decisions and be aware of investment risks[8]