I. Estimated Performance for the Current Period The company forecasts continued losses for H1 2025, with net profit attributable to shareholders and net profit after non-recurring items both expected to be negative, showing significant year-on-year declines (I) Performance Forecast Period The performance forecast covers the period from January 1, 2025, to June 30, 2025 - The performance forecast period is from January 1, 2025, to June 30, 20253 (II) Estimated Performance The company anticipates a negative net profit for the current reporting period - The company expects net profit for the current reporting period to be negative3 Estimated Performance Summary | Item | Estimated for Current Period (RMB) | Same Period Last Year (RMB) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: RMB 16 million to RMB 21 million | Loss: RMB 12.7649 million | Decrease: 25.34%-64.51% | | Net Profit After Non-Recurring Items | Loss: RMB 21 million to RMB 28 million | Loss: RMB 17.2044 million | Decrease: 22.06%-62.75% | | Basic Earnings Per Share (RMB/share) | Loss: RMB 0.0288 to RMB 0.0378 | Loss: RMB 0.0230 | - | - The company expects net profit for H1 2025 to be negative3 II. Communication with Accounting Firm Preliminary discussions with the annual audit accounting firm show no financial data discrepancies, though the forecast remains unaudited - The financial data related to this performance forecast has not been audited by a certified public accountant3 - The company held preliminary discussions with the annual audit accounting firm regarding the performance forecast, with no disagreements between parties3 III. Explanation of Performance Changes Performance decline is attributed to increased expenses from new subsidiary operations, lower-than-expected new product sales, and higher market promotion investments - Subsidiary Fujian Changheng Food Co., Ltd. commenced production in H2 2024, leading to a year-on-year increase in expenses, while capacity has not yet been fully released4 - Sales performance was below expectations, primarily because new product category sales have not yet achieved scale4 - The company continuously increased investment in market promotion and brand advertising, leading to higher related expenses4 IV. Other Related Information This performance forecast is a preliminary estimate, with final data subject to the 2025 semi-annual report, urging investors to consider risks - This performance forecast is a preliminary estimate by the company's finance department; the final financial data for H1 2025 will be based on the company's official semi-annual report5 - Investors are advised to exercise caution in decision-making and be aware of investment risks5
海欣食品(002702) - 2025 Q2 - 季度业绩预告