Changqing(SH:603768) 智通财经网·2026-01-19 10:43Core Viewpoint - Changqing Co., Ltd. (603768.SH) has announced an expected net loss of 175 million to 215 million yuan for the fiscal year 2025, primarily due to various strategic and operational challenges [1] Group 1: Reasons for Expected Loss - The company is facing a significant loss due to the bankruptcy restructuring of its subsidiary, Hezhong New Energy Co., Ltd., leading to credit impairment and asset impairment losses [1] - To expand into high-value business sectors and cultivate future growth points, the company has established a new subsidiary, which is currently in its early operational phase, resulting in high fixed costs and initial strategic losses [1] - The company has increased management personnel salaries to enhance organizational efficiency and align with long-term talent strategies, contributing to the overall increase in expenses [1] - In an effort to actively explore markets and expand sales, the company has strategically increased the size of its marketing team, leading to a significant rise in sales expenses [1]