启迪环境：预计2025年全年净亏损28.00亿元—35.00亿元

Core Viewpoint - The company, Qidi Environment, is forecasting a significant net loss for the year 2025, with expected losses ranging from 3.5 billion to 2.8 billion yuan, representing a year-on-year decrease of 14.47% to 8.42% in net profit attributable to shareholders [1] Financial Performance - The projected net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be between 2.7 billion and 2.2 billion yuan for 2025 [1] - The company anticipates a substantial scale of losses for 2025 due to several factors impacting its financial health [1] Key Reasons for Losses - A significant amount of investment losses has been confirmed due to the judicial auction of shares in some of the company's controlling subsidiaries [1] - Continuous growth in receivables has led to the recognition of substantial credit impairment losses [1] - The company has incurred large asset impairment losses due to incomplete settlement of transferred assets and underperformance of certain projects [1] - Overall debt pressure is considerable, with some debts overdue, resulting in heavy financial costs and significant penalties and default fees [1]