SDWH(SH:600241)2026-01-20 07:50Financial Projections - The company expects to achieve an operating revenue of approximately 383 million yuan for the year 2025, with a net profit attributable to the parent company estimated to be between -140 million yuan and -120 million yuan[2]. - The projected net profit attributable to the parent company, after deducting non-recurring gains and losses, is expected to be between -143 million yuan and -123 million yuan for 2025[4]. - In the previous year, the company reported an operating revenue of 401 million yuan and a net profit attributable to the parent company of 19.38 million yuan[5]. Performance Decline - The decline in performance is primarily due to a decrease in revenue from the core business of new energy batteries and a drop in gross profit margin, leading to potential impairment of long-term assets[6]. - The company anticipates recognizing investment losses from its associate, Liaoning Times Building Co., Ltd., which is expected to incur losses[6]. - There are concerns regarding substantial losses related to receivables from its subsidiary, Liaoning Jiuyi Lithium Energy Co., Ltd., which has a long-term negative net asset value[6]. Asset Impairment Assessments - The impairment assessment of long-term assets for subsidiaries is still ongoing, and the final valuation will require confirmation from the annual audit accountant[7]. - The impairment assessment of investment properties in associated enterprises is also pending, and its impact on the company remains undetermined[9]. - The preliminary financial data provided is subject to change and will be finalized in the audited annual report for 2025[9].