SJY.(SH:600676) Zheng Quan Shi Bao Wang·2026-01-13 08:31Core Viewpoint - The company, Jiaoyun Co., Ltd. (交运股份), anticipates a net profit loss for the fiscal year 2025, indicating a significant downturn in its financial performance [1] Group 1: Financial Performance - The company expects a negative net profit attributable to shareholders for the year 2025, signaling an operational loss [1] - The logistics and road freight segment continues to face intense competition in the highway freight market, leading to a noticeable decline in business volume and revenue [1] - The presence of relatively fixed costs has resulted in a decrease in gross margin, further impacting the company's profitability [1] Group 2: Automotive Sector Challenges - The passenger vehicle sales and after-sales service segment is adversely affected by a significant drop in production and sales of traditional fuel vehicles, as well as their profitability [1] - The automotive sales business, primarily focused on traditional fuel vehicle brands, is experiencing negative profit margins due to the cost structure, which has led to a decline in gross margin [1]