瑞和股份(002620) - 2025 Q4 - 年度业绩预告

Financial Performance - The company expects a net profit of approximately -12,500 million CNY for the fiscal year 2025, compared to -6,500 million CNY in the previous year[6] - The net asset value is projected to be -8,200 million CNY at the end of 2025, down from 4,062.39 million CNY at the end of the previous year[6] - The basic earnings per share are expected to be -0.33 CNY, compared to -0.17 CNY in the previous year[6] Market Conditions - The decline in revenue is attributed to a downturn in the real estate industry, shrinking market demand, and intensified competition, leading to reduced order volume and income[8] - The company is currently in a pre-restructuring bankruptcy phase, which has limited its ability to raise funds and weakened brand reputation and market confidence[8] Audit and Compliance - The company has communicated with its auditing firm regarding the performance forecast, and there are no discrepancies in this regard[7] - If the audited net asset value remains negative, the company's stock will be subject to delisting risk warnings as per the Shenzhen Stock Exchange regulations[9] - The financial data provided is preliminary and will be detailed in the company's 2025 annual report[9] Investor Advisory - The company urges investors to be cautious and aware of investment risks due to the current financial situation[9] - The performance forecast period is from January 1, 2025, to December 31, 2025[4]