BOCO(SH:600289) Zheng Quan Shi Bao Wang·2026-01-23 11:00Core Viewpoint - ST Xintong (600289) is expected to report a net loss attributable to shareholders of the parent company between 250 million to 370 million yuan for the fiscal year 2025, compared to a net loss of 96.7078 million yuan in the same period last year [1] Group 1: Financial Performance - The anticipated net loss for 2025 is significantly higher than the previous year's loss, indicating a worsening financial situation for the company [1] - The decline in profitability is attributed to the impact of telecom operators' "cost reduction and efficiency enhancement" policies, which have led to a decrease in the scale of orders for technical development and service businesses [1] Group 2: Business Environment - The company's business is under pressure and experiencing contraction due to the aforementioned policies from telecom operators, which are affecting overall demand [1]