Haosen(SH:688529) Ge Long Hui A P P·2026-01-28 09:56Core Viewpoint - The company, Haosen Intelligent (688529.SH), is expected to report a significant net loss for the year 2025, with projected losses ranging from 820 million to 910 million yuan compared to the previous year [1] Financial Performance - The net profit attributable to the parent company is forecasted to be between -910 million yuan and -820 million yuan for 2025 [1] - The net profit after deducting non-recurring gains and losses is estimated to be between -909 million yuan and -819 million yuan [1] Operational Challenges - The company faces extended project acceptance cycles due to long international transportation logistics and prolonged on-site implementation periods for overseas projects [1] - Domestic downstream automotive manufacturers and parts suppliers are experiencing low capacity utilization rates, contributing to a slight decline in revenue for 2025 [1] Market Conditions - Increased competition in the downstream vehicle sales market has led to reduced capital expenditures by client automotive companies, resulting in lower demand for equipment investments [1] - The expansion of production capacity in the equipment manufacturing industry has intensified market competition, limiting profit margins on orders and increasing the cost proportion of project implementation [1]