北辰实业：预计2025年年度净利润为-26.8亿元到-33.1亿元

Group 1 - The company Beichen Real Estate expects a net profit attributable to shareholders for the year 2025 to be between -2.68 billion to -3.31 billion yuan, indicating continued losses compared to the previous year [1] - The company's exhibition (including hotel) and commercial property businesses have remained stable, but the primary reason for the losses is the market adjustment affecting the sales prices of real estate projects [1] - The company plans to conduct preliminary impairment tests on inventory according to accounting standards, anticipating to recognize inventory impairment provisions for certain real estate projects [1] Group 2 - Haili Biological's valuation has decreased by 50% within eight months, despite a ninefold increase in the acquisition of a company, with its largest client being a company that has not yet been established [1]