CSG(SZ:000012)2026-01-30 08:45Financial Projections - The estimated net profit for 2025 is projected to be between 8,890 and 13,270 million CNY, representing a decline of 50.26% to 66.68% compared to the previous year[4]. - The net profit after deducting non-recurring gains and losses is expected to be between -13,900 and -8,460 million CNY, indicating a decline of 170.04% to 215.08% year-over-year[4]. - Basic earnings per share are projected to be between 0.03 and 0.04 CNY, down from 0.09 CNY in the same period last year[4]. - The financial data in the earnings forecast has not been audited by an accounting firm, and the final figures will be confirmed in the 2025 annual report[5][8]. Performance Decline - The decline in performance is attributed to falling market prices for key products such as photovoltaic glass and float glass, leading to reduced gross margins[6]. - A lawsuit regarding compensation for talent introduction funds resulted in a loss for the company, significantly impacting net profit[7]. Accounting and Risk Management - The company plans to make impairment provisions for related assets due to the cautious principle in accounting policies[6]. - The company emphasizes the importance of investor awareness regarding potential investment risks associated with the preliminary financial estimates[8].