天津滨海能源发展股份有限公司 2025年度业绩预告

Core Viewpoint - The company, Tianjin Binhai Energy Development Co., Ltd., has issued a profit warning for the year 2025, indicating an expected net profit in the negative range due to various operational challenges and rising costs [1][3]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1]. - The expected operating performance indicates a negative net profit, with figures reported in ten-thousands of yuan [1]. Group 2: Communication with Auditors - The company has communicated with Lixin Certified Public Accountants regarding the performance forecast, and there are no discrepancies between the two parties concerning the forecast [1][3]. Group 3: Reasons for Performance Changes - The company's anode material production capacity is still small and has not ramped up sufficiently, leading to high fixed asset depreciation and labor costs, compounded by rising prices of upstream raw materials like petroleum coke and calcined coke, resulting in a decline in gross profit margin [3]. - The company has only recently entered the new energy anode material industry, with production line construction and working capital primarily funded by debt, leading to high financial costs during the reporting period [3]. - The company's subsidiary in Baotou has not advanced its crystalline silicon photovoltaic business construction project, and as a precaution, impairment provisions have been made for related construction projects [3]. Group 4: Financial Data Disclaimer - The financial data in this performance forecast is a preliminary estimate by the company's finance department, and the specific financial data for 2025 will be disclosed in the officially audited annual report [4].