中南股份：预计2025年全年净亏损10.00亿元—12.00亿元

Core Viewpoint - The company expects a significant net loss for the year 2025, with projections indicating a loss of between 10.00 billion to 12.00 billion yuan for net profit attributable to shareholders, and a loss of 10.20 billion to 12.20 billion yuan for net profit after deducting non-recurring gains and losses [1] Industry Summary - The domestic steel industry is undergoing a deep adjustment period characterized by "reduction in quantity and optimization of stock," with persistent supply-demand contradictions and no substantial improvement in the overall situation [1] - The industry is currently facing a challenging environment with strong supply, weak demand, high costs, and low prices, particularly in the construction materials market, which is showing signs of weakness [1] Company Summary - The company has identified signs of asset impairment in some of its assets and plans to conduct impairment testing and make provisions for asset impairment in accordance with relevant accounting standards [1] - In response to the adverse industry conditions, the company is focusing on enhancing operational certainty through strengthened procurement and sales collaboration, promoting innovation in business models, and optimizing raw material and product structures to improve efficiency [1] - The company is committed to deepening its bidding mechanism and continuously strengthening cost reduction and efficiency enhancement measures to improve operational performance [1]