Qibu Co.,Ltd.(SH:603557)2026-01-28 10:50Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2025 to be between -128 million and -178 million yuan, and a net profit after deducting non-recurring gains and losses to be between -118 million and -168 million yuan [6]. - The projected operating revenue for 2025 is estimated to be between 150 million and 200 million yuan, with the same range applicable after excluding unrelated business income and income lacking commercial substance [6]. - In 2024, the total profit was -116.69 million yuan, and the net profit attributable to shareholders was -116.44 million yuan, with a net profit after deducting non-recurring gains and losses of -61.26 million yuan [7]. - The operating revenue for 2024 was 308.48 million yuan, and the revenue after excluding unrelated business income was 301.64 million yuan [7]. Risks and Challenges - The main reasons for the expected loss include intense competition in the textile and apparel industry, deteriorating operating conditions for downstream distributors, and increased accounts receivable aging leading to credit impairment losses [8]. - The company has also recognized inventory impairment provisions due to inventory backlog [8]. - There is a risk warning that if the audited financial results show a net profit or total profit below zero and operating revenue below 300 million yuan, the company's stock will face delisting risk warnings [9]. Investor Caution - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited [9]. - The company emphasizes the importance of investor caution regarding the potential risks associated with the performance forecast [9]. - The announcement was made by the board of directors on January 29, 2026 [10].