上工申贝：预计2025年度净利润为-1.2亿元到-1.5亿元

Group 1 - The company expects to report a net profit attributable to shareholders of the parent company between -120 million to -150 million yuan for the year 2025, indicating continued losses compared to approximately -244 million yuan in the same period last year [1] - The main reasons for the performance change include poor demand in the European automotive manufacturing and leather processing markets, as well as high energy and raw material prices, leading to ongoing operational difficulties [1] - Sales revenue of high-margin products from the German subsidiary, DA Company, has decreased year-on-year, with insufficient capacity utilization and increased manufacturing costs resulting in a significant decline in gross margin [1] Group 2 - To address insufficient orders, DA Company has actively engaged in personnel and production restructuring, resulting in increased severance compensation and integration costs year-on-year [1] - The general aviation aircraft manufacturing business of SGIA Company is still in the recovery phase and has not yet turned profitable [1] - Although domestic operations are generally profitable, they are unable to cover the losses from overseas operations [1]