ST围海：2025年全年净利润同比预增282.01%—371.37%

Core Viewpoint - ST Weihai has announced its annual performance forecast, expecting a significant increase in net profit for 2025, driven by the sale of a key subsidiary and improved investment returns from various projects [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 275 million to 410 million yuan for 2025, representing a year-on-year increase of 282.01% to 371.37% [1] - The expected net profit after deducting non-recurring gains is projected to be between 33 million and 49 million yuan, reflecting a year-on-year growth of 121.31% to 131.96% [1] Reasons for Performance Change - The increase in profit is attributed to the sale of shares in Shanghai Millennium Urban Planning Engineering Design Co., Ltd., which generated investment income [1] - The company's investments in BT and PPP projects are entering the recovery or operational phase, leading to an increase in the recovery of PPP investment funds and a reversal of previously recognized credit impairment losses, contributing to higher investment income [1]