CRCH(SH:600636)2026-01-30 07:55Financial Projections - The company expects a net profit attributable to shareholders for 2025 to be between -240 million and -200 million RMB[3]. - The projected operating revenue for 2025 is estimated to be between 332 million and 357 million RMB, with core operating revenue between 330 million and 355 million RMB[3]. - The expected net assets at the end of 2025 are projected to be between 1.78 billion and 1.83 billion RMB[3]. - The company anticipates a total profit for 2025 to be between -245 million and -205 million RMB[6]. - The previous year's total profit was -409.83 million RMB, with a net profit attributable to shareholders of -408.68 million RMB[9]. - The above projections are preliminary estimates and the final audited financial data will be disclosed in the 2025 annual report[17]. Impairments - The company plans to recognize goodwill impairment of between 180 million and 210 million RMB due to the acquisition of Guangzhou Aoweiya Electronic Technology Co., Ltd.[12]. - The company expects to recognize long-term equity investment impairment of between 73 million and 90 million RMB related to Beijing Huasheng Jingshi Information Technology Co., Ltd.[14]. Derivative Financial Assets - The fair value change of a derivative financial asset related to the investment in Huasheng Jingshi is estimated to be between 24 million and 32 million RMB, classified as non-operating income[15]. Stock Delisting Risk - If the audited total profit, net profit, or net profit after deducting non-recurring gains and losses is negative and operating revenue is below 300 million RMB, the company's stock may be delisted[16].