三元股份(600429.SH)：2025年度预亏1.78亿元至3.56亿元

Core Viewpoint - The company Sanyuan Co., Ltd. (600429.SH) reported a significant reduction in long-term equity investments due to impairment provisions from its affiliate HCo France S.A.S. for the fiscal year 2025, leading to expected net losses for the year [1] Financial Summary - The expected net profit attributable to the parent company for 2025 is projected to be between -356 million yuan and -178 million yuan [1] - The expected net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to be between -376 million yuan and -198 million yuan [1] - After excluding the aforementioned factors, the company anticipates a net profit attributable to the parent company of between 260 million yuan and 318 million yuan for 2025 [1] - The expected net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to be between 240 million yuan and 298 million yuan for 2025 [1]