新兴铸管：2025年全年净利润同比预增367.51%—601.26%

Core Viewpoint - The company, Xinxing Casting Pipe, forecasts a significant increase in net profit for 2025, driven by industry optimization and demand for differentiated products despite supply-demand challenges [1] Financial Performance - The expected net profit attributable to shareholders for 2025 is projected to be between 782.81 million and 1.17 billion yuan, representing a year-on-year increase of 367.51% to 601.26% [1] - The net profit after deducting non-recurring gains and losses is anticipated to be between 594.70 million and 892.05 million yuan [1] Industry Context - The steel industry is undergoing structural optimization and recovery in profitability, with the casting pipe market demand entering a plateau phase [1] - Urban renewal and underground comprehensive pipeline renovation are expected to support the demand for differentiated products, despite prominent supply-demand conflicts [1] Strategic Initiatives - The company is implementing a "quality and efficiency improvement" initiative, focusing on increasing market revenue, optimizing product structure, and strengthening cost control [1] - These measures are expected to lead to significant year-on-year growth in key indicators such as metal product volume and total profit [1]