Haibo(SZ:300517)2026-03-18 08:40Financial Performance Expectations - The company expects a net profit of between 900 and 1,330 million CNY for the year 2025, representing a decline of 42.18% to 60.88% compared to the previous year[5]. - The net profit after deducting non-recurring losses is projected to be between 285 and 420 million CNY, reflecting a decrease of 56.05% to 70.18% year-over-year[5]. Operational Challenges - The decline in performance is primarily due to significant operational pressure in the bridge steel structure engineering sector, exacerbated by delayed payments for completed projects and intensified market competition[7]. - The company anticipates a year-over-year decrease in operating revenue due to a reduction in the amount of contracts secured, influenced by careful consideration of project profitability and payment conditions[7]. - Fixed cost allocation pressure has intensified due to unsaturated production capacity, further squeezing profit margins[8]. Strategic Initiatives - The company plans to enhance product competitiveness and operational efficiency through ongoing cost reduction and efficiency improvement initiatives[8]. Financial Reporting - The financial data presented is preliminary and has not been audited by an external accounting firm[9]. - Detailed financial data will be disclosed in the company's 2025 annual report, urging investors to make cautious decisions and be aware of investment risks[9].