Bangyan Technology (SH:688132)2026-01-30 09:00Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -170 million and -220 million CNY, an increase in losses compared to the previous year by 133.39 million to 183.39 million CNY [3]. - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -185 million and -236 million CNY, with an increase in losses compared to the previous year by 132.88 million to 183.88 million CNY [3]. - In 2024, the company reported a total profit of -37.56 million CNY and a net profit attributable to shareholders of the parent company of -36.61 million CNY [5]. Factors Affecting Profit - The company experienced a significant decline in net profit and net profit after deducting non-recurring gains and losses due to multiple factors, including pricing adjustments and increased strategic transformation investments [8]. - Revenue decreased during the reporting period due to project delivery timing fluctuations and the specific nature of industry acceptance and settlement processes [8]. - The company anticipates a reduction in revenue of approximately 65.17 million CNY due to pricing adjustments, which will correspondingly decrease net profit attributable to shareholders by about 53.44 million CNY [9]. - Increased investments in market development and core technology R&D during the strategic transformation phase have led to a temporary rise in sales and R&D expenses compared to the previous year [10]. Earnings Forecast - The company assures that there are no significant uncertainties affecting the accuracy of this earnings forecast [12]. - The forecast data is preliminary and has not been audited by an accounting firm; the final financial data will be disclosed in the audited 2025 annual report [13].