HANGZHOU GAOXIN(SZ:300478)2026-01-20 11:05Financial Projections - The estimated net profit for 2025 is projected to be a loss of between RMB 25 million and RMB 31 million, compared to a loss of RMB 24.34 million in the same period last year[3]. - The estimated operating revenue for 2025 is projected to be between RMB 387 million and RMB 397 million, slightly up from RMB 383.77 million in the previous year[3]. Profitability Concerns - The gross profit margin has declined during the reporting period, impacting the net profit attributable to shareholders[5]. - The newly established subsidiary, Fujian Nanping Solar High-tech Cable Materials Co., Ltd., is currently in the business development stage and is expected to incur a loss of approximately RMB 8 million, affecting the overall net profit[5]. Audit and Reporting - The financial data in the earnings forecast has not been audited by a registered accounting firm[4]. - The company has communicated with the auditing firm regarding the earnings forecast, and there are no discrepancies between the two parties[4]. - The specific financial data will be detailed in the company's 2025 annual report, urging investors to exercise caution[6].