亚光科技(300123.SZ)：预计2025年净亏损11亿元-13亿元

Core Viewpoint - The company expects a significant net loss for 2025, with projected losses ranging from 1.3 billion to 1.1 billion yuan for shareholders, indicating a challenging financial outlook due to various operational issues [1] Financial Performance - The company’s main subsidiary, Chengdu Yaguang Electronics Co., Ltd., has faced adverse impacts from customer price adjustments and a temporary cash flow crunch, leading to delays in product delivery and underperformance in operational results [1] - The company anticipates recognizing goodwill impairment of approximately 800 to 900 million yuan for the fiscal year 2025, adhering to prudence principles under accounting standards [1] Business Segments - The boat segment continues to incur losses due to unfulfilled asset disposal expectations and an excessive asset burden, contributing to ongoing financial difficulties within this business unit [1]