LPXD(SZ:002114) Ge Long Hui A P P·2026-01-29 11:38Group 1 - The company expects a net profit attributable to shareholders in 2025 to be between -195 million and -165 million yuan, with a net profit excluding non-recurring gains and losses projected to be between -165 million and -135 million yuan [1] - The prolonged suspension of production at the Derong Mining Jinpo Lead-Zinc Mine due to the expiration of its mining license has significantly reduced the self-produced zinc concentrate volume compared to the same period last year, leading to an increased proportion of externally sourced raw materials [1] - The overall tight supply of zinc concentrate in the market during 2025 has resulted in a rise in the procurement price of zinc concentrate, which has substantially decreased the company's gross profit from zinc products [1] - Additionally, the settlement of imported raw material prices based on spot prices has contributed to increased losses for the company [1]