FFEC(SH:600203)2026-01-19 08:55Financial Performance - The company expects a net profit of approximately -50 million RMB for the fiscal year 2025, with a net profit of approximately -73 million RMB after deducting non-recurring gains and losses [2]. - In 2024, the total profit was -382.02 million RMB, and the net profit attributable to the parent company was -384.25 million RMB [3]. Revenue and Profit Growth - The company's revenue is expected to grow by approximately 33% compared to last year, with an overall gross margin increase of about 1.8 percentage points, resulting in a gross profit increase of approximately 400-500 million RMB [5]. Impairment and Losses - The company plans to recognize impairment losses on inventory, accounts receivable, and goodwill totaling approximately 370 million RMB for the fiscal year 2025 [5]. Investment and Subsidies - Investment income from joint ventures is expected to be around 29 million RMB for 2025 [5]. - The company has received approximately 33 million RMB in government subsidies for 2025 [5]. - The subsidiary, Fujian Blueprint Energy Investment Co., Ltd., will no longer be included in the consolidated financial statements due to bankruptcy liquidation, resulting in an investment income of 10.66 million RMB from the disposal of the subsidiary [5]. Audit and Forecast Accuracy - The preliminary financial data is subject to audit and may differ from the final report, which will be disclosed in the 2025 annual report [8]. - The company emphasizes that there are no significant uncertainties affecting the accuracy of the performance forecast [7]. - The performance forecast has not been audited by a registered accountant [8].