Expected Performance for the Current Period The company projects a net loss for the first half of 2025, with attributable net profit expected to range from a loss of 120 million to 155 million yuan, significantly worsening year-on-year Key Financial Performance Indicators | Item | Current Reporting Period (January 1 - June 30, 2025) | Prior Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of the Listed Company | Loss: 120 million – 155 million yuan | Loss: 73.2669 million yuan | | Year-on-Year Change | Decrease: 63.78% – 111.56% | - | | Net Profit After Deducting Non-Recurring Gains and Losses | Loss: 121 million – 157 million yuan | Loss: 72.9059 million yuan | | Year-on-Year Change | Decrease: 65.97% - 115.35% | - | | Basic Earnings Per Share | Loss: 0.09 – 0.11 yuan/share | Loss: 0.05 yuan/share | Communication with Accounting Firms This performance forecast has not undergone audit by an accounting firm - This performance forecast has not been audited by an accounting firm4 Explanation of Performance Changes Performance decline is attributed to macroeconomic headwinds including slow economic recovery, policy changes, and tariffs, while the company plans to optimize operations and explore new business avenues - Performance decline is attributed to multiple adverse factors: weak economic recovery, tightening education and training policies, declining birth rates, and US tariffs on Chinese goods, collectively leading to sustained weakening demand in the musical instrument consumer market5 - The company's response strategies include: focusing on core business and optimizing costs; shifting marketing approaches to expand into bidding, adult, and senior markets, while strengthening online traffic generation; simultaneously accelerating strategic transformation to explore new segments such as lighting and audio entertainment, and cultural and sports tourism5 Other Relevant Information Investors are advised that this performance forecast is preliminary, with final data subject to the 2025 semi-annual report, and to exercise investment caution - This performance forecast represents preliminary estimates by the company's financial department, with final data subject to the 2025 semi-annual report, urging investors to exercise caution in their decisions6
珠江钢琴(002678) - 2025 Q2 - 季度业绩预告