申华控股：2025年预亏1.1亿元—1.85亿元 同比转亏

Core Viewpoint - Shenhua Holdings (600653) is expected to report a net profit loss of 110 million to 185 million yuan for the fiscal year 2025, marking a shift from profit to loss year-on-year due to intensified competition in the automotive market and significant adjustments in macroeconomic and financial policies [1] Company Summary - The anticipated net profit loss for Shenhua Holdings is attributed to increased competitive pressure in the automotive market [1] - The company faces ongoing price competition among brands, which is further exacerbated by the transmission of price reduction pressures from vehicle manufacturers to the upstream and downstream supply chain [1] Industry Summary - The automotive industry is experiencing heightened competition, leading to a challenging environment for companies [1] - Macro environment factors and major financial policy adjustments are impacting the overall industry dynamics [1]