和顺电气：预计2025年全年净亏损4200万元—4920万元

Core Viewpoint - The company, Heshun Electric, is forecasting a significant net loss for the year 2025, with expected losses ranging from 42 million to 49.2 million yuan for shareholders [1] Financial Performance - The anticipated net profit attributable to shareholders for 2025 is projected to be a loss of 42 million to 49.2 million yuan [1] - The expected net profit after deducting non-recurring gains and losses is also projected to be a loss of 42.6 million to 49.8 million yuan [1] Reasons for Loss - The primary reasons for the expected losses include intense competition in traditional sectors such as power supply, leading to decreased product sales and gross margins [1] - The company is accelerating the development of new products to explore new business opportunities, resulting in high research and development expenses that negatively impact current profits [1] - The implementation of an equity incentive plan has led to significant share-based payment expenses, further affecting current profits [1] - There are substantial amounts of credit impairment losses and asset impairment losses that are expected to impact current profits [1] Non-recurring Gains and Losses - The non-recurring gains and losses that will affect net profit during the reporting period are estimated to be around 600,000 yuan [1]