Zheng Quan Ri Bao·2025-07-14 23:02Core Viewpoint - The company is forecasting a net loss for the first half of 2025, with expected figures indicating a reduction in losses compared to the previous year [2][3]. Financial Performance Summary - The company anticipates a net profit attributable to shareholders in the range of -360 million to -270 million yuan for the first half of 2025, representing a year-on-year reduction in losses of 47.75% to 60.81% [2][3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -490 million and -400 million yuan, with a year-on-year reduction in losses of 34.37% to 46.42% [3]. Business Operations Summary - The primary business of the company involves the production and sale of diesel engines and heavy-duty trucks. While the diesel engine business has seen growth, the subsidiary, SAIC Hongyan, has faced significant challenges due to a sluggish real estate market and tight liquidity, resulting in an 87% decline in sales [5]. - The company has implemented cost control measures and improved the collection of accounts receivable, which has contributed to a reduction in impairment provisions and a decrease in losses from the complete vehicle business [5].