HNDI(SZ:300732) Zhong Zheng Wang·2026-01-29 00:56Core Viewpoint - The company, Sheyan Institute (300732), forecasts a net profit loss for 2025 ranging from 136 million to 176 million yuan, an improvement from a loss of 222 million yuan in the previous year [1] Financial Performance - The expected net profit loss for 2025 is projected to be between 136 million and 176 million yuan, while the previous year's loss was 222 million yuan [1] - The anticipated non-recurring net profit loss for 2025 is estimated to be between 143 million and 185 million yuan, compared to a loss of 234 million yuan in the prior year [1] Reasons for Loss - The primary reasons for the loss include a decrease in traditional business revenue due to macroeconomic conditions and market supply-demand dynamics [1] - The company has experienced an extended collection period for receivables and an increase in the aging of accounts, leading to a significant rise in impairment losses recognized under accounting standards [1] Positive Factors - The company is actively expanding into new business areas such as smart construction and digital intelligence, which is expected to contribute to overall revenue growth year-on-year [1] - Through ongoing digital transformation and implementation of cost-reduction measures, the company anticipates a significant decrease in costs and expenses compared to the same period last year [1]