Core Viewpoint - Hongxing Co., Ltd. (001209.SZ) expects a significant decline in net profit for 2025, projecting a range of 17 million to 21 million yuan, which represents a decrease of 73.84% to 78.82% compared to the same period last year [1] Financial Performance - The net profit attributable to shareholders is forecasted to be between 17 million and 21 million yuan, indicating a substantial year-on-year decline [1] - The net profit after deducting non-recurring gains and losses is estimated to be between 8.5 million and 12.5 million yuan, reflecting a decrease of 69.06% to 78.96% year-on-year [1] Industry Context - The industry is experiencing intense competition, which has led to a decline in the company's overall sales gross margin [1] - The performance of offline channel business has not met expectations, contributing to the financial outlook [1] - The company has completed construction projects that are now being depreciated, impacting financial results [1]
洪兴股份(001209.SZ)：预计2025年净利润同比下降73.84%-78.82%