SSI(SZ:002742) Ge Long Hui·2026-01-27 14:00Core Viewpoint - San Sheng Co., Ltd. expects a revenue of 910 to 1,070 million yuan for 2025, down from 1,196 million yuan in the same period last year, indicating a decline due to financial constraints and changes in market conditions affecting the construction materials and pharmaceutical sectors [1] Financial Performance - The company anticipates a net loss of 530 to 380 million yuan for 2025, compared to a net loss of 650 million yuan in the previous year, representing a year-on-year decrease of 18.48% to 41.55% [1] - The decline in performance is attributed to tight funding and adverse market conditions leading to decreased performance in both the construction materials and pharmaceutical segments, along with provisions for expected liabilities and asset impairment [1] Stock Market Implications - The company's stock has been subjected to delisting risk warnings, and additional risk warnings have been applied. If the 2025 annual report reveals certain conditions, the stock may face the risk of termination of listing [1]