航天宏图：股票异常波动，营收下滑且存财务风险

Core Viewpoint - The company announced abnormal stock price fluctuations with a cumulative increase of over 30% during three consecutive trading days in January 2026, while confirming that there are no undisclosed significant matters and that operations are normal [1] Financial Performance - The company's revenue for 2024 is projected to be 1.575 billion yuan, a year-on-year decrease of 13.39% [1] - The net profit for 2024 is expected to be -1.393 billion yuan, representing a year-on-year decline of 272.23% [1] - For the first three quarters of 2025, the company reported revenue of 403 million yuan, a year-on-year decrease of 70.06% [1] - The net profit for the same period in 2025 is projected to be -366 million yuan, reflecting a year-on-year decline of 65.23% [1] Financial Risks - The company is facing short-term liquidity issues, indicating potential financial risks [1] - There are no substantial developments in cooperative projects, which may further impact financial stability [1]