Ge Long Hui A P P·2026-01-29 15:52Core Viewpoint - ST Langyuan (300175.SZ) forecasts a net loss of 10 million to 20 million yuan for the fiscal year 2025, an improvement from a loss of 36.44 million yuan in the previous year [1] Financial Performance - The net profit attributable to shareholders is expected to be a loss of 10 million to 20 million yuan for 2025, compared to a loss of 36.44 million yuan in the same period last year [1] - The net profit after deducting non-recurring gains and losses is also projected to be a loss of 10 million to 20 million yuan, compared to a loss of 39.56 million yuan in the previous year [1] Reasons for Loss - The primary reason for the loss in 2024 was the expenses and bad debt provisions of the subsidiary Taiyuan Delanda Technology Co., Ltd., which will not be included in the consolidated scope for this reporting period [1] - For 2025, the expected loss is attributed to two main factors: an increase in raw material prices leading to a decrease in overall gross margin compared to the previous year, and an administrative penalty resulting in a fine of 5 million yuan [1] - The impact of non-recurring gains and losses on net profit for the reporting period is approximately 200,000 yuan [1]