BAMC(SH:601137)2026-01-23 09:50Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2025 to be between 100 million and 150 million yuan, a decrease of 125.35 million to 120.35 million yuan compared to the previous year, representing a decline of 92.61% to 88.92%[2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2025 is projected to be between 105 million and 155 million yuan, a decrease of 121.99 million to 116.99 million yuan year-on-year, reflecting a decline of 92.08% to 88.30%[4] - The total profit for the previous year was 154.61 million yuan, with a net profit attributable to shareholders of 135.35 million yuan[5] Market Challenges - The company is facing a 307.78% anti-dumping and countervailing duty on photovoltaic products exported to the U.S. from Vietnam, impacting its ability to sell products in the U.S. market[6] - The U.S. "Inflation Reduction Act" restricts the company's ownership in U.S. new energy subsidiaries to a maximum of 25% starting January 1, 2026, affecting its eligibility for federal subsidies[6] - The company plans to recognize impairment provisions for fixed assets, construction in progress, and inventory related to its new energy business due to the unfavorable market conditions[6] - The company is actively pursuing equity transfer arrangements to optimize its position regarding its U.S. new energy subsidiary[6] Audit and Reporting - The performance forecast data has not been audited by a registered accountant, and investors are advised to exercise caution[7] - The company emphasizes that the forecast data is preliminary and the final figures will be disclosed in the audited annual report for 2025[9]