ZNGF(SZ:000717)2026-01-28 09:20Financial Performance - The company expects a net loss of between 1,000 million yuan and 1,200 million yuan for the year 2025, compared to a loss of 1,203.831 million yuan in the same period last year[1] - The expected loss per share ranges from 0.4126 yuan to 0.4951 yuan, compared to a loss of 0.4967 yuan per share in the previous year[1] - The financial data presented in the earnings forecast has not been audited by an accounting firm, and investors are advised to exercise caution[2] Industry Conditions - The steel industry is undergoing a deep adjustment period characterized by strong supply, weak demand, high costs, and low prices, particularly affecting the construction materials market[3] Operational Strategy - The company plans to conduct impairment tests on certain assets showing signs of impairment, in accordance with relevant accounting standards[3] - The company aims to enhance operational certainty by focusing on procurement and sales collaboration, innovating business models, and optimizing raw material and product structures[3] - Efforts will be made to improve operational performance through cost reduction and efficiency enhancement measures[3]