新希望：2025年全年净利润同比预减416.72%—480.07%

Core Viewpoint - New Hope has projected a significant decline in net profit for the fiscal year 2025, with estimates indicating a loss of between 1.5 billion to 1.8 billion yuan, representing a year-on-year decrease of 416.72% to 480.07% [1] Group 1: Financial Performance - The company anticipates a net profit attributable to shareholders, excluding non-recurring gains and losses, to be between 1.18 billion to 1.48 billion yuan, reflecting a year-on-year reduction of 292.05% to 340.87% [1] - The decline in profitability is attributed to the fluctuation in the pig market, where the decrease in pig prices outpaced the reduction in breeding costs, leading to lower profits in pig farming compared to the previous year [1] Group 2: Operational Developments - The company has been steadily developing and enhancing its pig farming operations, focusing on epidemic prevention and production management, resulting in a stable increase in the number of pigs sold and continuous improvement in various technical indicators [1] - New Hope is systematically eliminating low-efficiency breeding pigs and assets, which has also contributed to the decline in profits [1] Group 3: Feed Business Growth - In the feed business segment, the company is expanding its scale, improving efficiency, and reducing costs to strengthen its internal capabilities, addressing new market demands for products, costs, and services [1] - The company is increasing its investment and development efforts in overseas markets, driving the feed business into a new growth channel, with profits from the feed business showing both volume and profit growth during the reporting period [1]