BANGJIE SHARE(SZ:002634)2026-01-30 10:45Financial Performance Expectations - The company expects a net loss of between 90 million and 120 million yuan for the fiscal year 2025, compared to a loss of 67.23 million yuan in the same period last year[4]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 78 million to 108 million yuan, compared to a loss of 64.15 million yuan in the previous year[4]. - Basic earnings per share are expected to be a loss of 2.00 to 2.67 yuan per share, compared to a loss of 1.48 yuan per share last year[4]. - The company's net assets attributable to shareholders are projected to be between -90.02 million and -60.02 million yuan, down from 29.98 million yuan at the end of the previous year[4]. Reasons for Losses - The primary reason for the losses is the debt pressure and production suspension in the photovoltaic sector, leading to high fixed costs such as equipment depreciation and factory rent[7]. - The company has conducted impairment tests on long-term assets showing signs of impairment and has made provisions for asset impairment according to accounting standards[7]. - The company is currently facing liquidity risks, leading to provisions for expected losses due to overdue debts to suppliers and financial institutions[7]. Restructuring and Risks - The company is undergoing a pre-restructuring process, with uncertainties regarding whether it will enter a formal restructuring procedure[10]. - If the net assets are negative at the end of 2025, the company's stock will be subject to delisting risk warnings as per the Shenzhen Stock Exchange regulations[8]. Financial Reporting - The financial data in the earnings forecast is preliminary and has not been audited, with final figures to be confirmed in the 2025 annual report[8].