智通财经网·2026-01-22 09:19Core Viewpoint - Nanjing Panda (600775.SH) forecasts a net profit attributable to shareholders of approximately 10 million to 15 million yuan for the year 2025, indicating a turnaround from previous losses [1] Group 1: Performance Forecast - The company expects to achieve a net profit of about 10 million to 15 million yuan in 2025, marking a return to profitability [1] - The anticipated profit is significantly influenced by the completion of the equity transfer of its joint venture, Nanjing Ericsson Panda Communication Co., Ltd., which generated disposal gains [1] Group 2: Business Challenges - The company's smart manufacturing and power and communication businesses are undergoing a transitional adjustment period, with new customer acquisition not meeting expectations, leading to a lack of scaled sales [1] - Increased market competition is putting pressure on operations, which negatively impacts the net profit attributable to shareholders after excluding non-recurring gains and losses [1] Group 3: Asset Impairment Testing - The company has conducted thorough impairment testing on relevant assets in accordance with the Accounting Standards for Enterprises, resulting in the recognition of credit impairment losses and asset impairment losses [1] - These impairment losses have had a corresponding effect on the net profit attributable to shareholders [1]