金证股份：预计2025年净亏损1.44亿元至1.01亿元

Core Viewpoint - The company Jinzheng Co., Ltd. expects a net loss attributable to shareholders of the parent company for the fiscal year 2025, ranging from 1.44 billion to 1.01 billion yuan, an improvement from a loss of 2.02 billion yuan in the previous year [1] Financial Performance - The anticipated net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be a loss between 1.79 billion and 1.36 billion yuan for 2025 [1] - The previous year's loss was recorded at 2.02 billion yuan, indicating a potential reduction in losses for the upcoming fiscal year [1] Reasons for Loss - The primary reason for the expected losses is the impact of market changes on the company's digital economy sector projects, leading to increased uncertainty in cash collection [1] - The company has made provisions for asset impairment losses due to the uncertain cash flow situation [1] - Additionally, the company has recognized impairment losses on long-term equity investments based on the actual operating conditions of joint ventures and market fluctuations [1]