Ge Long Hui A P P·2026-01-26 12:29Core Viewpoint - *ST Zhongji (000972.SZ) expects a significant loss in 2025, with projected operating revenue between 450 million to 550 million yuan and a net loss ranging from 55 million to 35 million yuan, primarily due to declining sales prices and gross margins of its main product, large-pack tomato sauce [1] Group 1 - The company's performance in 2025 is expected to be negatively impacted by a decrease in sales prices and gross margins of its main products compared to the previous year, leading to an overall net loss [1] - The company plans to make provisions for potential impairment losses on various assets, including inventory, fixed assets, and receivables, based on prudence principles and accounting standards [1] - Non-recurring gains and losses are estimated to impact net profit by approximately 290 million yuan, mainly from government subsidies and reversals of receivables impairment [1] Group 2 - A subsidiary, Hongse Tomato, signed debt waiver agreements with two companies, waiving debts of 42.48 million yuan and 57.52 million yuan, respectively, which will reduce other payables and increase capital reserves by 100 million yuan [1]