JOYVIO FOOD(SZ:300268) Xin Lang Cai Jing·2026-01-26 09:25Core Viewpoint - The company *ST JIAWO expects a net loss of 390 million to 640 million yuan for the fiscal year 2025, primarily due to the continuous losses from its subsidiary Beijing Zhencheng [1] Group 1: Financial Performance - The company completed a significant asset restructuring on June 2025, which will impact its financial reporting [1] - According to the accounting standards, the income, expenses, and profits of Beijing Zhencheng from the beginning of the year until the disposal date will be included in the consolidated profit statement [1] - The report period includes the profit and loss of Beijing Zhencheng for the first half of 2025, but from the second half of 2025, this subsidiary will no longer be included in the consolidated financial statements, leading to a year-on-year decline in revenue [1] Group 2: Net Profit and Assets - The company anticipates a significant reduction in net losses, while also achieving a positive net asset position [1]