Wolong New Energy Group(SH:600173)2026-01-19 10:35Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -195 million and -170 million yuan, indicating a loss compared to the previous year [2]. - The projected net profit after deducting non-recurring gains and losses for 2025 is estimated to be between -228 million and -198 million yuan [3]. - In the previous year, the total profit was 115.41 million yuan, with a net profit attributable to shareholders of the parent company of 40.86 million yuan [4]. Factors Affecting Profitability - The decline in profits is primarily due to reduced revenue from real estate projects and increased impairment losses on long-term equity investments [6]. - The company plans to enhance its new energy business and improve the efficiency of real estate inventory turnover while focusing on cost control and operational efficiency [7]. Earnings Forecast and Risk Awareness - The company has not identified any significant uncertainties that could affect the accuracy of the earnings forecast [9]. - The earnings forecast is based on preliminary calculations and has not been audited by a registered accountant [8]. - The final financial data will be disclosed in the audited 2025 annual report [10]. - The company emphasizes the importance of risk awareness for investors regarding the preliminary earnings forecast [10]. Acquisitions - The company acquired stakes in several subsidiaries, including 43.21% of Zhejiang Longneng Power Technology Co., Ltd. and 80% of Zhejiang Wolong Energy Storage System Co., Ltd., which have been included in the consolidated financial statements [5].