弘元绿能预计2025年净利1.8亿—2.5亿元

Group 1 - The core viewpoint of the article is that Hongyuan Green Energy (603185) expects to achieve a net profit attributable to shareholders of 180 million to 250 million yuan in 2025, marking a turnaround from losses in the previous year [1] - The company anticipates a net profit after deducting non-recurring items to be between -250 million and -310 million yuan for 2025 [1] - The photovoltaic industry is expected to continue facing cyclical challenges in 2025, with new installations maintaining growth but ongoing issues of overcapacity and supply-demand mismatches [1] Group 2 - The company notes that product prices across various segments of the industry chain are under continuous pressure, particularly due to a significant increase in silver paste prices in the fourth quarter, which has raised production costs [1] - The company has made provisions for impairment on certain long-term assets, which has impacted its current performance [1]