IBR(SZ:300675)2026-01-30 10:00Financial Performance - The company expects a net profit in the range of -98 million to -75 million CNY for the fiscal year 2025, marking the first loss since its listing [2]. - Total revenue is projected to be between 245 million and 270 million CNY, a decline from 372.24 million CNY in the previous year, representing a decrease of approximately 34% [3]. - The net profit attributable to shareholders is expected to be between -98 million and -75 million CNY, compared to 240.14 million CNY in the same period last year [3]. Revenue Decline Factors - The company anticipates a decrease in revenue primarily due to a decline in traditional business demand and the strategic decision to abandon certain scattered business contracts [5]. Accounts Receivable Management - The company has formed a special task force to enhance accounts receivable recovery, focusing on improving collection metrics and employing various recovery methods [6]. - The company has noted an increase in the proportion of long-aged accounts receivable, leading to higher bad debt provisions and an increase in impairment losses [6]. Strategic Adjustments - The company is adjusting its market and business strategies, concentrating on key areas such as Shenzhen and Xiong'an, and focusing on core services like total design [5]. Property Valuation Concerns - The fair value of the company's properties is expected to decline due to low occupancy rates and fluctuations in the leasing market [6]. Financial Reporting Disclaimer - The financial data presented is preliminary and subject to uncertainty, with detailed figures to be disclosed in the 2025 annual report [7].