HNDI(SZ:300732) Ge Long Hui A P P·2026-01-27 13:42Core Viewpoint - The company is expected to incur a loss of between 136 million to 176 million yuan in 2025, with a non-recurring loss projected between 143 million to 185 million yuan [1] Financial Performance - The company's traditional revenue-generating segments have seen a decline due to macroeconomic factors and market supply-demand dynamics [1] - The collection cycle for receivables has lengthened, and the aging of accounts has increased, leading to a significant rise in impairment losses recognized under accounting standards compared to the previous year [1] Business Strategy - In response to policy changes, the company is actively expanding into new business areas such as smart construction and digital intelligence, which has contributed to an overall increase in annual revenue compared to the previous year [1] - The company is focusing on digital transformation and implementing measures for cost reduction and efficiency improvement across all processes, resulting in a significant decrease in costs and expenses compared to the same period last year [1]