BOCO(SH:600289) Xin Lang Cai Jing·2026-01-23 19:56Core Viewpoint - The company, Yiyang Xintong Co., Ltd., is forecasting a significant net loss for the fiscal year 2025, indicating ongoing financial challenges and operational pressures. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of the parent company to be between -370 million yuan and -250 million yuan for the year 2025 [2][4] - The forecasted net profit, after deducting non-recurring gains and losses, is projected to be between -250 million yuan and -170 million yuan [2][4] - The performance forecast period is from January 1, 2025, to December 31, 2025 [3] Group 2: Previous Year Comparison - In the previous year, the net profit attributable to shareholders was -96.71 million yuan, and the net profit after deducting non-recurring gains and losses was -54.48 million yuan [6] - The earnings per share for the previous year were -0.1532 yuan [7] Group 3: Reasons for Expected Loss - The decline in orders for technology development/services due to telecom operators' cost-cutting policies has pressured the business [8] - The new hardware customization business is still in the early stages of market expansion, leading to temporary pressure on gross margins and limited profit contribution [8] - Despite ongoing cost reduction efforts, the company maintains high fixed operating costs to support market expansion and enhance R&D capabilities [8] Group 4: Non-Operating Losses - The expected losses are significantly impacted by provisions for litigation-related liabilities, including guarantees for the controlling shareholder and investor lawsuits due to false securities statements [9][10]