ASCF(SH:600855) Zhi Tong Cai Jing·2026-01-20 11:57Core Viewpoint - The company, Aerospace Changfeng (600855.SH), has announced an expected net loss of between 170 million to 200 million yuan for the fiscal year 2025, indicating a reduction in losses compared to the previous year [1] Financial Performance - The anticipated net loss for 2025 is projected to be between 170 million to 200 million yuan, which represents a decrease in losses of 45.94 million to 75.94 million yuan compared to the previous year [1] Business Segments - The high-end medical equipment business has not met market expansion expectations, leading to an ongoing increase in losses [1] - The military electronic infrared optoelectronic business has been negatively impacted by a decline in new contract amounts and pricing factors for military products, resulting in no improvement in revenue and profit [1] - The public safety business has shown initial signs of strategic transformation, with increased revenue and some long-aged accounts receivable being collected, leading to improved operational performance [1]