TYSJ(SH:688033)2025-10-23 10:10Revenue Expectations - The company expects revenue for the first three quarters of 2025 to be between 500 million and 600 million CNY, a decrease of 3.92 million to 13.92 million CNY compared to the same period last year, representing a year-on-year decline of 6.13% to 21.78%[2]. - The company's photovoltaic new energy business continues to be affected by industry cyclicality, leading to a further decline in revenue compared to the same period last year[6]. Net Loss Projections - The estimated net loss attributable to shareholders for the first three quarters of 2025 is projected to be between -420 million and -320 million CNY, reflecting a reduction in loss of 167.20 million to 267.20 million CNY, a year-on-year improvement of 28.47% to 45.50%[2]. - The estimated net loss attributable to shareholders after deducting non-recurring gains and losses is expected to be between -390 million and -290 million CNY, indicating a reduction in loss of 232.92 million to 332.92 million CNY, a year-on-year improvement of 37.39% to 53.44%[2]. - The decrease in gross profit and continued net loss are attributed to low product prices, high fixed costs, and financing costs[6]. - The company did not recognize significant inventory impairment in the current reporting period, unlike the previous year, which contributed to the reduction in net loss[6]. Forecast and Investment Risks - The performance forecast has not been audited by a registered accountant and is based on preliminary calculations by the company's financial department[3][7]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and the accurate financial data will be disclosed in the official Q3 2025 report[8].