Breo(SH:688793) Ge Long Hui·2026-01-27 11:16Core Viewpoint - The company, Beiqing Song (688793.SH), is expected to report a net loss attributable to shareholders of the parent company for the year 2025, with estimates ranging from -105 million to -84 million yuan [1] Financial Performance - The projected net profit attributable to shareholders, excluding non-recurring gains and losses, is estimated to be between -92 million and -71 million yuan for 2025 [1] - The company's operating revenue is expected to decline compared to the previous year, leading to a decrease in gross profit [1] Strategic Adjustments - The company is undergoing a phase of strategic adjustment in response to industry development trends and changes in the market environment [1] - The transitional period of strategic adjustment has impacted the effectiveness of sales expense inputs, which did not meet expectations [1] - Fixed expenditures and rigid costs cannot be synchronized with revenue scale reductions in the short term, contributing to the overall decline in profit [1]