证券代码：600973 证券简称：宝胜股份 公告编号：2026-005

Core Viewpoint - The company, Baoshen Technology Innovation Co., Ltd., anticipates a significant reduction in losses for the fiscal year 2025, with projected net losses decreasing by approximately 84.99% to 90.00% compared to the previous year [1][3]. Financial Performance Forecast - The company estimates a net profit attributable to shareholders for 2025 to be between -30 million and -45 million RMB, representing a reduction in losses of 25.49 million to 26.99 million RMB compared to the previous year [1][3]. - The projected net profit, excluding non-recurring gains and losses, is expected to be between -50 million and -70 million RMB, with a decrease in losses of 41.36 million to 43.36 million RMB year-on-year [1][3]. Previous Year Performance - In the previous year, the total profit was -359.23 million RMB, with a net profit attributable to shareholders of -299.86 million RMB and a net profit excluding non-recurring gains and losses of -483.61 million RMB [5]. Reasons for Performance Changes - Credit impairment losses are expected to be approximately 79.46 million RMB due to the full provision for receivables from Evergrande that have not been processed [7]. - Investment losses from subsidiaries, which are expected to contribute approximately -90 million RMB to the company's earnings due to long production cycles preventing revenue recognition [7]. - The company anticipates stable revenue growth in 2025, and if the impacts of the credit impairment and short-term performance fluctuations from subsidiaries are excluded, the net profit attributable to shareholders is expected to be positive [7].