Hualan (SZ:301027)2026-01-23 09:36Financial Projections - The estimated net profit for 2025 is projected to be between -46.5 million and -23.5 million RMB, compared to -13.8 million RMB in the same period last year [5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -34.5 million and -17.5 million RMB, compared to -20.4 million RMB in the previous year [5]. Impairment and Liabilities - The increase in credit impairment losses is attributed to a significant amount of accounts receivable and aging issues, despite positive effects from government debt reduction measures [7]. - The estimated liabilities related to litigation matters are expected to impact net profit by approximately 6 million to 14 million RMB, classified as non-recurring gains and losses [7]. Financial Reporting - The financial data presented is preliminary and has not been audited by registered accountants, with detailed financial information to be disclosed in the 2025 annual report [8].