Core Viewpoint - China Changbai Mountain International (00989.HK) expects a significant reduction in net loss attributable to shareholders for the six months ending September 30, 2025, compared to a net loss of approximately RMB 601.1 million for the corresponding period ending September 30, 2024, with the anticipated loss ranging between RMB 30 million and RMB 36 million [1] Group 1: Financial Performance - The company projects a net loss reduction of no less than 90% for the upcoming reporting period [1] - The expected net loss for the current period is estimated to be between RMB 30 million and RMB 36 million [1] Group 2: Reasons for Improvement - The significant decrease in net loss is primarily attributed to the absence of additional impairment provisions related to a property project in Fusong County, which recorded an impairment provision of approximately RMB 564.7 million (after deferred tax) in the corresponding period [1] - The company has been actively implementing cost-saving measures during the current reporting period [1]
中国长白山国际(00989.HK)盈警:预计中期净亏损将大幅减少不少于九成