Baolande(SH:688058) Ge Long Hui A P P·2026-01-16 08:38Core Viewpoint - Baolande (688058.SH) is expected to report a net loss attributable to shareholders of approximately 75 million yuan for the fiscal year 2025, indicating a significant decline compared to the previous year [1] Financial Performance - The projected net profit attributable to shareholders, excluding non-recurring gains and losses, is estimated to be around -102 million yuan for 2025 [1] - The anticipated loss is primarily due to a decrease or delay in procurement demand from some downstream customers and a contraction in certain business lines in response to market demand and product competitiveness [1] Research and Development - The company continues to maintain a high level of investment in research and development, with an increase in R&D spending expected in 2025 despite the focus on cost reduction and efficiency improvement [1] Business Outlook - The company anticipates a turnaround in the fourth quarter, expecting to achieve profitability in that quarter as a result of optimizing its business structure and strengthening its core customer base [1]