XGMA(SH:600815) 2 1 Shi Ji Jing Ji Bao Dao·2026-01-29 08:57Core Viewpoint - The company, Xiamen XGMA Machinery Co., Ltd., is forecasting a significant net loss for the year 2025, with expected net profit attributable to shareholders ranging from -87 million to -58 million yuan, and a net profit excluding non-recurring gains and losses expected to be between -135 million and -98 million yuan [1]. Group 1: Main Business Impact - The company's shield tunneling machine business has experienced a substantial decline in revenue and profit year-on-year due to slowed project progress in the region [1]. - The newly developed intelligent mining truck business is still in the ramp-up phase and has yet to achieve significant scale [1]. - The company has increased provisions for bad debts based on the decreased valuation of real estate collateral provided by clients, which further solidifies the value of its receivables [1]. Group 2: Non-Operating Loss Impact - The company reported a decrease in non-operating income due to lower historical bad debt recoveries and one-time gains compared to the previous year [1].