Ge Long Hui A P P·2026-01-28 14:12Core Viewpoint - ST Tianrui (300165.SZ) expects a net profit attributable to shareholders of the listed company to be between -240 million and -170 million yuan for 2025, with a net profit after deducting non-recurring gains and losses estimated at -246.51 million to -176.51 million yuan [1] Financial Performance - The company anticipates a significant net loss for 2025, indicating ongoing financial challenges [1] - The projected net loss reflects a deterioration in market conditions affecting the company's operations [1] Project Status - The company's subsidiary, Qingshui Jingsheng Living Waste Resource Utilization Co., Ltd., has halted its PPP project due to changes in market conditions and plans to pursue external transfer of the project [1] - In accordance with the relevant provisions of the Accounting Standards for Enterprises No. 8 on asset impairment, the company plans to make an asset impairment provision of 85 million to 100 million yuan for the related contract assets of the project [1]