SHHG(SH:603131) Shang Hai Zheng Quan Bao·2026-01-19 19:02Group 1 - The company Shanghai Huguang Welding Group Co., Ltd. expects a net profit attributable to shareholders of the parent company for the year 2025 to be between -21.25 million yuan and -17 million yuan, indicating a loss compared to the previous year [2][4] - The expected net profit after deducting non-recurring gains and losses is projected to be between -41.45 million yuan and -37.20 million yuan [3][5] - The main reasons for the expected loss include a decline in operating income and gross profit due to market conditions, increased investment losses from affiliated companies, and the impact of taxes and asset impairment [8] Group 2 - The company’s profit for the same period last year was 18.07 million yuan, with a net profit attributable to shareholders of 12.56 million yuan, and a net profit after deducting non-recurring gains and losses of -3.78 million yuan [6] - The earnings per share for the previous year was 0.04 yuan [7] Group 3 - The "Huguang Convertible Bonds" will stop trading from January 19, 2026, with the last conversion date set for January 21, 2026 [12][24] - The redemption price for the bonds is set at 101.4268 yuan per bond, which includes accrued interest [14][21] - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange starting January 22, 2026 [25]