Baolande(SH:688058) Ge Long Hui·2026-01-16 08:45Core 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 reduction in business lines in response to market demand and product competitiveness, leading to a decline in operating revenue [1] Research and Development - The company continues to maintain a high level of investment in research and development, with R&D expenditures expected to increase compared to the previous year, despite the implementation of cost reduction and efficiency enhancement measures in 2025 [1] Future Outlook - The company anticipates achieving profitability in the fourth quarter, driven by the optimization of its business structure and further strengthening of its core customer base [1]