中马传动：2025年预计净亏损800万元至540万元

Core Viewpoint - The company expects a significant decline in net profit for the year 2025, projecting a loss between 8 million to 5.4 million yuan, compared to a profit of 33.25 million yuan in the same period last year [1] Financial Performance - The anticipated non-recurring net profit is estimated to be between 14 million to 21 million yuan, down from 32.71 million yuan in the previous year [1] - The expected loss is primarily attributed to the bankruptcy restructuring of a major client, Chengdu Dayun, which has not made substantial progress, leading to an additional bad debt provision of 3.65 million yuan [1] - The company also recognized an asset impairment loss of 13.48 million yuan related to certain specialized production lines [1] - Additionally, a decline in the fair value of the equity held in Yingming Zhitong resulted in a loss of 29.51 million yuan [1]