隆鑫通用：2025年净利同比预增47.15%-60.53%

Core Viewpoint - Longxin General (603766.SH) expects a net profit attributable to shareholders of the parent company to be between 1.65 billion and 1.8 billion yuan in 2025, representing a year-on-year increase of 47.15% to 60.53% [1] Financial Performance - The company anticipates a significant increase in net profit for 2025, driven by steady growth in its motorcycle and general machinery sectors, as well as ongoing optimization of the product structure in the Wujie series [1] - Despite the overall positive outlook, the fourth quarter performance is expected to be below expectations due to losses from the disposal of equity in Zunyi Jinye Machinery Casting Co., Ltd., C.M.D Costruzioni Motori Diesel S.p.A., and Zhuhai Longhua Helicopter Technology Co., Ltd., along with one-time expenses related to upgrades of exhibition halls and office environments, and foreign exchange losses [1] Operational Factors - The company will incur losses in the fourth quarter due to multiple factors, including impairment provisions for loans and receivables related to Zhuhai Longhua, as well as the aforementioned disposals and upgrade costs [1] - The overall performance for the year is expected to show growth, attributed to the robust scale of the main business and continuous improvement in comprehensive profitability [1]