证通电子：预计2025年全年净亏损30000万元—35000万元

Core Viewpoint - The company expects a significant net loss for the year 2025, with projected losses ranging from 350 million to 300 million yuan, primarily due to declining gross margins and various impairment losses [1] Group 1: Financial Performance - The projected net profit attributable to shareholders for 2025 is expected to be between -350 million and -300 million yuan [1] - The projected net profit after deducting non-recurring gains and losses is expected to be between -290 million and -240 million yuan [1] Group 2: Reasons for Performance Decline - The decline in performance is attributed to intense industry competition and changes in customer demand, leading to lower-than-expected revenue from data center cabinet installations and cloud computing projects [1] - A decrease in order volume for the company's domestic financial technology business has also contributed to the overall revenue shortfall [1] Group 3: Impairment and Provisions - The company has made provisions for bad debts amounting to approximately 90 million yuan due to overdue accounts from some government and enterprise clients facing financial difficulties [1] - Inventory write-downs were recognized due to accelerated product iteration and increased risk of inventory obsolescence, with asset impairment losses confirmed at approximately 55 million yuan [1] - The company has also recognized a provision for expected liabilities related to investor claims amounting to 65.4645 million yuan, classified as non-recurring losses [1]