Daqian(SH:603955) Zhi Tong Cai Jing·2026-01-15 11:22Core Viewpoint - Daqian Ecology (603955.SH) expects a net loss attributable to shareholders of the parent company in 2025, estimated between 100 million to 120 million yuan, indicating a decline in performance compared to the previous year [1] Group 1: Financial Performance - The company anticipates a net loss for 2025, contrasting with the previous year's performance [1] - The expected loss is between 100 million to 120 million yuan [1] Group 2: Reasons for Performance Decline - The primary reason for the anticipated loss is that the company's new business is in the expansion phase, leading to significant upfront investments in brand building, market promotion, and research and development [1] - The company's engineering business has experienced a decline in payment collections compared to the previous year, influenced by local fiscal payment constraints, resulting in a substantial increase in the provision for bad debts [1]