ZJGS(SH:600052)2026-01-30 08:15Financial Performance Expectations - The company expects a net profit attributable to shareholders of approximately -450 million yuan for the year 2025, indicating a loss [3]. - The expected net profit after deducting non-recurring gains and losses is approximately -370 million yuan for 2025 [5]. - The total profit for the same period last year was -331.38 million yuan, with a net profit attributable to shareholders of -366.92 million yuan [6]. - The company anticipates a significant decline in net profits for its subsidiaries, Zhejiang Zhenglan Energy Technology Co., Ltd. and Chongqing Huixian Youce Technology Co., Ltd., with goodwill impairment provisions estimated between 280 million and 360 million yuan [7]. Litigation and Provisions - The company has provided a guarantee for Hangzhou Yirong Real Estate Development Co., Ltd. that has expired and is involved in litigation, with the principal amount of the debt being 281 million yuan [8]. - The company plans to recognize approximately 171 million yuan as a provision for the guarantee due to the ongoing litigation [8]. Revenue Projections - The expected operating revenue for 2025 is approximately 587 million yuan, with 2025 revenue from the subsidiary Dongwang Shuzhi Technology Co., Ltd. being 202 million yuan for the first seven months [9]. - After excluding the impact of Dongwang Shuzhi, the company expects to achieve approximately 385 million yuan in operating revenue, primarily from the operation and management of hot water supply systems by its subsidiaries [10]. - The data provided in the earnings forecast is preliminary and subject to final audit in the annual report [10].