久量股份：预计2025年全年净亏损6600万元—8600万元

Core Viewpoint - JiuLiang Co., Ltd. is expected to report a net loss of 66 million to 86 million yuan for the year 2025, indicating a further decline in performance compared to the previous year [1] Group 1: Financial Performance - The company anticipates a net profit attributable to shareholders, excluding non-recurring gains and losses, to be a loss of 60 million to 78 million yuan for 2025 [1] - The decline in sales scale and reduced gross profit are primary factors affecting the company's net profit [1] Group 2: Strategic Changes - The company is undergoing a regional strategic upgrade, which necessitated a change in registered address and the return of government subsidies, impacting current profits [1] - To optimize asset structure and enhance operational efficiency, the company has increased capital in its subsidiary, Guangzhou JiuLiang Small Appliances Co., Ltd., which has led to increased fixed asset depreciation and tax burdens [1] Group 3: Operational Costs - Increased management expenses due to talent acquisition and industrial upgrades have also negatively impacted the company's net profit [1]