Zheng Quan Shi Bao·2026-01-23 12:25Group 1 - The company expects a net profit loss of approximately 2.072 billion yuan for 2025, compared to a loss of 988 million yuan in the same period last year [1] - The primary reason for the expected loss is the continued insufficient demand in the domestic tower crane rental market, attributed to a decrease in new construction area and low project commencement rates, leading to low equipment utilization and rental prices [3] - The company’s main business includes engineering machinery rental and manufacturing, with key products such as asphalt concrete pavers, road rollers, milling machines, and tower cranes [3] Group 2 - The company terminated its plan to raise funds through a private placement to its controlling shareholder, Shaanxi Coal and Chemical Industry Group, which was intended to raise up to 1.265 billion yuan [4] - The decision to terminate the stock issuance was based on various factors, including the macroeconomic environment, the company's actual situation, and changes in the capital market [4] - As of January 23, the company's stock closed at 3.81 yuan per share, with a total market capitalization of 4.8 billion yuan [5]