勤上股份：预计2025年净利润同比下降8.68%-39.16%

Core Viewpoint - The company expects a net profit for the year 2025 to be between -347 million to -271 million yuan, representing a year-on-year decline of 39.16% to 8.68% [1] Financial Performance - The company incurred a disposal loss of approximately 117 million yuan from the disposal of its subsidiary Shanghai Aozhan's construction project, which includes land use rights, contributing to non-operating losses for the period [1] - The company recognized an investment loss of about 104 million yuan from its joint venture Yuguang Lighting, which is in a continuous loss state, impacting operating profits [1] - The appreciation of the RMB has led to increased foreign exchange losses [1] - A decline in bank deposit interest rates has resulted in reduced interest income from bank deposits and wealth management products, cumulatively decreasing operating profits by approximately 28 million yuan [1] Asset Management - The company conducted a comprehensive review of various assets at the end of the reporting period, analyzing those with potential impairment signs based on a cautious principle [1] - The company has made an expected credit loss provision of approximately 11.1 million yuan while reversing asset impairment losses of 22 million yuan [1]