万顺新材：2025年全年预计净亏损1.60亿元—1.90亿元

Core Viewpoint - The company, Wanshun New Materials, forecasts a net loss for the year 2025, with expected losses ranging from 190 million to 160 million yuan, indicating a reduction in losses compared to the previous year [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is expected to be between -190 million and -160 million yuan [1] - The net profit excluding non-recurring gains and losses is anticipated to be between -227.5 million and -197.5 million yuan [1] - The company expects non-recurring gains and losses for the reporting period to be approximately 37.5 million yuan [1] Operational Challenges - The company faces challenges in its aluminum processing business due to factors such as inverted aluminum prices domestically and internationally, low processing fee levels, and the cancellation of export tax rebates, which have collectively impacted gross profit levels [1] - The functional film business has a relatively small scale of production and sales, coupled with high fixed costs per unit, leading to underperformance in operational results [1] Asset Impairment - The company plans to recognize impairment provisions for assets showing signs of impairment based on preliminary asset impairment testing at the end of 2025, with the final amount to be determined by hired evaluation and auditing institutions [1]