Guangdong Fangyuan New Materials (SH:688148)2026-01-29 07:50Financial Performance - The company expects a net loss attributable to shareholders of the parent company for 2025 to be between -120 million and -80 million CNY, compared to a net loss of -426.77 million CNY in the same period last year[3]. - The projected net profit attributable to shareholders after deducting non-recurring gains and losses for 2025 is expected to be between -117 million and -78 million CNY, compared to -442.75 million CNY last year[3]. - The company reported a total profit of -390.41 million CNY and a net loss attributable to shareholders of -426.77 million CNY for the previous year[4]. Operational Improvements - The company achieved a significant reduction in losses for 2025 due to the application of a new recycling technology, which improved production costs and recovery efficiency[5]. - The company plans to increase the proportion of recycled raw materials and promote the application of new technologies, with a total shipment of precursor products expected to reach approximately 11,200 tons in 2025[5]. - The total shipment of nickel, cobalt, manganese, and lithium salt products (including processing) is expected to be around 41,700 tons for 2025, showing growth compared to the previous year[5]. - The company experienced a significant increase in product sales prices due to rising metal prices, particularly cobalt, leading to improved gross margins[5]. Earnings Forecast and Risks - The company has not identified any significant uncertainties that could impact the accuracy of the earnings forecast[6]. - The earnings forecast is based on preliminary calculations and has not yet been audited by certified public accountants[6]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report[7].