豪森智能：预计2025年全年净亏损82,000万元—91,000万元

Core Viewpoint - Haosen Intelligent has announced a significant expected net loss for the fiscal year 2025, projecting a net profit attributable to the parent company of between -910 million yuan and -820 million yuan, indicating a challenging operational environment due to various factors [1] Group 1: Revenue and Profitability - The company anticipates a slight decline in revenue for 2025, influenced by prolonged international logistics times for overseas projects and extended delivery cycles for on-site implementations [1] - The sales gross margin has decreased due to intensified competition in the downstream vehicle sales market, leading to reduced capital expenditures by client automakers and a corresponding decline in equipment investment demand [1] - Increased project implementation costs and a more competitive market have limited order profitability, contributing to the decline in sales gross margin during the reporting period [1] Group 2: Asset Impairment and Credit Losses - There has been a significant increase in the provision for asset impairment losses, driven by prolonged execution cycles and the need for continued manpower investment at client sites due to intensified competition [1] - The company faces higher project costs due to various adverse factors, including visa issues and local regulations for overseas projects, as well as changes in client demands leading to additional material costs and extended production cycles [1] - The provision for credit impairment losses has also risen substantially, attributed to an increase in accounts receivable and aging balances as the company navigates a more competitive market [1]