大地海洋(301068) - 2026 Q4 - 年度业绩预告

Financial Performance Expectations - The company expects a net profit loss of between -30.06 million and -24.60 million RMB for the fiscal year 2025, compared to a profit of 137.25 million RMB in the previous year[3] - The expected loss after deducting non-recurring gains and losses is between -61.35 million and -50.20 million RMB, compared to a profit of 80.02 million RMB in the previous year[3] Impact of Subsidy Policy - The decline in performance is primarily due to changes in the subsidy policy for the treatment of waste electrical and electronic products, with a significant reduction in subsidy amounts compared to previous years[5] - The Ministry of Finance has allocated 5 billion RMB for the 2025 special fund for waste electrical and electronic product treatment, with 2.3 billion RMB for previously unpaid subsidies and 2.7 billion RMB for industry support[6] Strategic Initiatives - The company completed the acquisition of Zhejiang Tiger Waste Management Co., Ltd. in August 2025, integrating the front-end recycling system into a closed-loop full industry chain[8] - The company aims to enhance operational management precision, optimize cost structure, and improve the value extraction capability of waste electrical and electronic product dismantling[8] Monitoring and Risk Disclosure - The company will continue to monitor the impact of the special fund policy on its operations and fulfill information disclosure obligations in a timely manner[7] - The preliminary financial data provided is subject to final audit results, and investors are advised to be aware of investment risks[8]