春兴精工(002547) - 2025 Q2 - 季度业绩预告

Performance Forecast Overview The company anticipates a net loss of RMB 120-150 million for H1 2025, similar to the prior year, with a narrower loss after non-recurring items 2025 Semi-Annual Performance Forecast | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Year Same Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders (RMB millions) | Loss: 120 - 150 | Loss: 127.1784 | | Net Profit After Non-Recurring Items (RMB millions) | Loss: 116 - 146 | Loss: 152.9596 | | Basic Earnings Per Share (RMB/share) | Loss: 0.1064 - 0.1330 | Loss: 0.1127 | Communication with Auditors This performance forecast represents preliminary financial estimates by the company's finance department and remains unaudited - This performance forecast represents preliminary estimates by the company's finance department and remains unaudited by a certified public accountant[3] Analysis of Performance Changes Semi-annual loss is attributed to the new energy vehicle components business's capacity ramp-up and a RMB 21 million provision for litigation - The new energy vehicle components business is in its capacity ramp-up phase, with production efficiency and product yield rates requiring improvement, negatively impacting current operating performance[4] - A RMB 21 million estimated liability is to be accrued due to a RMB 38 million sales contract dispute lawsuit involving subsidiary Huizhou Chunxing Precision Mechanical Co., Ltd., based on accounting prudence[4][5] Risk Warning and Other Explanations The company warns of potential negative net assets due to projected loss and reiterates the unaudited nature of this preliminary forecast - Significant risk: The projected net profit loss may lead to negative net assets for the company at the end of the current reporting period, as it exceeds prior year-end net assets[6] - The company received RMB 15 million in equity transfer payments from related parties during the reporting period and will continue to pursue remaining outstanding amounts[6] - The company reiterates that this performance forecast is a preliminary and unaudited estimate, with final financial data to be confirmed in the 2025 semi-annual report[6]