Changqing(SH:603768) Shang Hai Zheng Quan Bao·2026-01-19 19:43Core Viewpoint - The company, Changqing Co., Ltd., has announced a projected net loss for the year 2025, indicating financial challenges ahead [2][4]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders to be between -175 million yuan and -215 million yuan for the year 2025 [2][4]. - The projected net profit, excluding non-recurring gains and losses, is anticipated to be between -180 million yuan and -220 million yuan [2][4]. - The performance forecast period is from January 1, 2025, to December 31, 2025 [3]. Group 2: Previous Year Performance - In the same period last year, the net profit attributable to shareholders was 68.16 million yuan, with a net profit of 64.51 million yuan after excluding non-recurring gains and losses [5]. Group 3: Reasons for Expected Loss - The company is facing losses due to the bankruptcy restructuring of a related company, which has led to credit impairment and asset impairment losses [6]. - The establishment of a new company aimed at expanding high-value-added business has resulted in initial strategic losses due to high fixed costs and low revenue during the early stages [6]. - Increased management personnel costs and a larger marketing team to boost sales have contributed to the rise in expenses [7]. Group 4: Cash Management - The company has approved the use of up to 80 million yuan of idle raised funds for cash management, focusing on safe and liquid financial products [11]. - A structured deposit of 25 million yuan was purchased, which was redeemed on January 19, 2026, yielding a return of approximately 93,493.15 yuan [12].