新宝股份(002705.SZ)：预计全年外销总体情况偏弱

Group 1 - The core viewpoint is that Xinbao Co., Ltd. (002705.SZ) is experiencing a weak recovery in its export orders, which account for over 75% of its business, influenced by U.S. tariff policies and other factors [1] - The company reported that the export orders for July and August 2025 have continued the weak recovery trend observed since June, indicating a relatively low level of market activity [1] - The outlook for export orders in the fourth quarter remains unclear, with expectations that the overall export situation for the year will be weak [1]