中电兴发(002298) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company expects to achieve profitability in the first half of 2025, with net profit attributable to shareholders projected between RMB 15 million and RMB 22 million, a significant increase from the prior year's loss Performance Forecast for H1 2025 | Item | Current Reporting Period (January 1 - June 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders (RMB million) | Profit: 15.00 - 22.00 | Loss: 333.5227 | | Year-over-Year Growth | 104.50% - 106.60% | - | | Net Profit After Deducting Non-Recurring Gains and Losses (RMB million) | Profit: 12.00 - 15.00 | Loss: 339.8594 | | Year-over-Year Growth | 101.47% - 103.53% | - | | Basic Earnings Per Share (RMB/share) | Profit: 0.0209 - 0.0307 | Loss: 0.4650 | Communication with Accounting Firms This performance forecast's financial data is a preliminary internal estimate and remains unaudited by certified public accountants - The financial data in this performance forecast has not been audited by certified public accountants[3] Explanation of Performance Changes The company's overall performance turned profitable, driven by robust smart energy growth that offset significant bad debt provisions in the smart city business Smart Energy and New Energy Business Performance Smart energy achieved steady growth through customer transformation, product innovation, and refined management, actively expanding into new energy - The smart energy segment achieved sustained and steady performance growth by intensifying customer transformation, optimizing product structure, fostering product innovation, and implementing refined management for efficiency gains[4] - The company is actively seizing new energy development opportunities and continuously accelerating the expansion of its new energy business[4] Smart City Business Performance and Countermeasures Smart city business incurred losses from bad debt provisions due to difficult accounts receivable collection from declining customer payment capabilities - The smart city business segment experienced operating losses for the first half of 2025 due to difficult accounts receivable collection and bad debt provisions resulting from a decline in payment capabilities of certain customers[4][5] - The company is implementing a series of improvement measures for Beijing Zhongdian Xingfa, including strengthening collections, revitalizing inefficient assets, optimizing personnel structure, and expanding sales channels to stop losses and return to profitability[5] Overall Company Performance and Future Outlook Overall H1 2025 performance turned profitable and grew significantly due to robust smart energy growth, despite smart city losses - Overall, despite the smart city segment's losses, the company's total operating performance for the first half of 2025 achieved a significant turnaround to profitability and substantial growth compared to the prior year, supported by the steady growth of the smart energy segment[5] - With national policy support for the private economy and the steady advancement of the company's various strategies, the company anticipates achieving sustainable high-quality development in the future[5] Other Relevant Information This performance forecast is preliminary; final data will be in the 2025 semi-annual report, cautioning investors about risks - This performance forecast represents preliminary estimates by the company's finance department; specific financial data will be subject to the company's officially disclosed 2025 semi-annual report, urging investors to exercise caution and be aware of investment risks[6]