中恒集团：预计2025年全年净亏损2.50亿元—4.50亿元

Core Viewpoint - Zhongheng Group has announced an annual performance forecast indicating a significant net loss for 2025, with expected net profit attributable to shareholders ranging from -250 million to -450 million yuan, and a net profit excluding non-recurring losses expected to be between -200 million and -400 million yuan [1] Group 1: Main Business Impact - The decline in sales volume and unit price of the company's main products has led to a year-on-year decrease in operating revenue and gross profit [1] - The performance of a controlling subsidiary did not meet expectations, resulting in goodwill impairment and a projected reduction in net profit by approximately 110 million yuan [1] - The company has assessed credit risks on expected non-performing receivables, leading to a provision for credit impairment losses of about 8 million yuan [1] - Impairment tests on idle equipment and long-term assets showing signs of impairment have resulted in a recognition of impairment provisions of approximately 5.5 million yuan [1] Group 2: Non-Operating Loss Impact - The company has included structured entities in its consolidated financial statements, resulting in a loss of approximately 60 million yuan due to changes in the fair value of related assets [1] - The fair value decline of entrusted financial products has led to a recognition of related losses of about 10 million yuan [1]