Core Viewpoint - The company, Jiangjian Co., Ltd. (交建股份), announced an expected net loss of 350 million to 700 million yuan for the fiscal year 2025, marking a significant shift from profit to loss due to uncertainties related to its business with Xiangyuan Holdings and the overall real estate market conditions [1] Group 1: Financial Performance - The company anticipates a net loss of 350 million to 700 million yuan for 2025, indicating a transition from profit to loss year-on-year [1] - The decision to recognize a substantial bad debt provision is based on the assessment of operational receivables from related parties of Xiangyuan Holdings, reflecting a cautious approach [1] Group 2: Business Operations - The company has conducted a comprehensive review of its construction business related to Xiangyuan Holdings, highlighting the uncertainties surrounding this partnership [1] - Despite the anticipated losses, the company's production and operational status remain normal, with no significant changes in its main business activities reported [1]
交建股份:2025年预亏3.5亿元至7亿元 同比转亏