Wellhope(SH:603609) Shang Hai Zheng Quan Bao·2026-01-23 18:14Group 1 - The company plans to recognize a total asset impairment loss of 236.48 million yuan for the fiscal year ending December 31, 2025, to reflect its financial condition and operating results objectively [2] - The expected credit impairment loss is estimated at 46.79 million yuan, primarily related to accounts receivable and other receivables [3] - The impairment loss on assets, including inventory and long-term assets, is projected to be 189.69 million yuan, mainly due to the decline in market prices of live pigs and poultry, leading to increased inventory write-downs [4] Group 2 - The recognition of asset impairment losses is expected to reduce the company's net profit attributable to shareholders by approximately 176.44 million yuan for the fiscal year 2025 [5] - The company forecasts a net profit attributable to shareholders of 48 million to 72 million yuan for 2025, representing a decrease of 270.47 million to 294.47 million yuan, or a decline of 78.98% to 85.98% compared to the previous year [10][12] - The expected net profit after deducting non-recurring gains and losses is projected to be between -69 million and -45 million yuan, indicating a decrease of 394.48 million to 418.48 million yuan, or a decline of 112.88% to 119.74% year-on-year [10][12] Group 3 - The significant decline in performance is attributed to the adverse market conditions affecting the main business, particularly the substantial drop in average prices of live pigs and poultry throughout the year, resulting in losses in the company's pig and poultry operations [16]