风范股份：2025年度预计净亏损3.2亿至3.8亿元

Core Viewpoint - The company Fengfan Co., Ltd. expects a significant increase in net losses for the year 2025, projecting a net profit attributable to the parent company of between -380 million to -320 million yuan, which represents a decrease of 4.11 billion to 4.71 billion yuan compared to the previous year's profit of 91.29 million yuan, indicating a year-on-year loss increase of 450.54% to 516.26% [1] Financial Performance - The company anticipates a non-recurring net profit of between -450 million to -380 million yuan, which is a decrease of 128 million to 198 million yuan compared to the previous year's non-recurring net profit of -25.2 million yuan, reflecting a year-on-year loss increase of 50.78% to 78.55% [1] Business Challenges - The primary reasons for the anticipated poor performance are overcapacity in the photovoltaic business and declining prices, leading to an expected goodwill impairment of approximately 339 million yuan for the year [1]