ZYNM(SH:603527) Ge Long Hui·2026-01-30 08:04Core Viewpoint - The company, Zhongyuan New Materials (603527.SH), expects a significant decline in net profit for the year 2025, projecting a decrease of 44.22% to 59.15% compared to the previous year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company between 52 million to 71 million yuan for 2025, a decrease of 56.29 million to 75.29 million yuan year-on-year [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between -66 million to -85 million yuan, representing a decline of 152 million to 171 million yuan compared to the previous year, which translates to a decrease of 176.38% to 198.37% [1] Reasons for Performance Decline - The primary reasons for the expected performance decline include: 1. The holding subsidiary and new projects have not yet achieved large-scale production, leading to unfulfilled benefits and increased fixed costs such as depreciation after capital investment [1] 2. Increased competition in the industry has resulted in a downward trend in product processing fees, negatively impacting profits [1] 3. The company has increased R&D investment to ensure long-term development, resulting in higher short-term expenses that affect profits [1]