贵广网络：预计2025年净亏损10.7亿元到13.5亿元

Group 1 - The core viewpoint of the article indicates that Guiguan Network (600996.SH) is expected to report a significant net loss for the fiscal year 2025, with projected losses ranging from 1.35 billion to 1.07 billion yuan attributable to shareholders of the listed company [1] - The company anticipates a net profit loss, excluding non-recurring gains and losses, between 1.43 billion and 1.15 billion yuan for the same period [1] - The primary reasons for the expected losses include intensified market competition, an overall downward trend in the industry, and stricter requirements for project payment guarantees, leading to a substantial reduction in various engineering projects such as information technology, data transmission, and broadcasting installation [1] Group 2 - The company is facing high fixed costs due to asset depreciation and amortization, along with a significant balance of accounts receivable, which contributes to high credit impairment losses and financial expenses [1]