TC(SH:603421) 智通财经网·2026-01-19 12:26Core Viewpoint - Dingxin Communication (603421.SH) is expected to report a net loss attributable to shareholders of the parent company ranging from 540 million to 640 million yuan for the fiscal year 2025 due to significant impacts from business restrictions and declining revenues [1] Group 1: Financial Performance - The company anticipates a net loss of 540 million to 640 million yuan for the fiscal year 2025 [1] - The decline in revenue is primarily attributed to restrictions on its bidding business due to being placed on a blacklist by State Grid Corporation of China [1] - The bidding qualifications for Southern Power Grid Co., Ltd. are expected to be restored only by early November 2025, further impacting annual bidding operations [1] Group 2: Business Operations - The company's electric power bidding business is significantly affected by the restrictions imposed by the State Grid Corporation [1] - The revenue from the company's fire protection business has also seen a substantial decline due to ongoing adjustments in the real estate sector [1] - Despite the financial challenges, the company continues to prioritize research and development investments to support future growth [1]