股市必读：山鹰国际（600567）预计2025年全年归属净利润亏损8.5亿元至10亿元

Core Viewpoint - The company, Shanying International, is expected to report significant losses for the year 2025, primarily due to declining gross margins and reduced investment income [1][3]. Trading Information Summary - On January 23, the main funds experienced a net outflow of 3.73 million yuan, accounting for 1.78% of the total transaction amount [1][3]. - Retail investors showed a net inflow of 9.79 million yuan, representing 4.68% of the total transaction amount [1]. Earnings Disclosure Highlights - Shanying International forecasts a net profit loss of 850 million to 1 billion yuan for the year 2025 [1][3]. - The company anticipates a net profit loss of 1.05 billion to 1.2 billion yuan after excluding non-recurring gains and losses [1][3]. Company Announcement Summary - The expected losses are attributed to a decline in gross margin and a decrease in investment income, with the latter being influenced by the previous sale of Nordic Paper equity [1]. - The decline in gross margin is linked to credit impairment prior to the maturity of the Eagle 19 convertible bonds, prompting the company to adjust its receivables and payables to ensure liquidity [1]. - The company reports that its production and operations are normal and has not triggered any financial delisting risk warnings [1].