湘邮科技：2025年业绩预亏，或被实施退市风险警示

Core Viewpoint - The company Xiangyou Technology expects a significant net loss for the fiscal year 2025, with projections indicating a loss between 550 million to 370 million yuan, compared to a profit of 13.19 million yuan in the previous year [1] Financial Performance - The projected net profit attributable to the parent company is expected to be between -550 million to -370 million yuan, a stark contrast to the previous year's profit of 13.19 million yuan [1] - The non-operating net profit is forecasted to be between -550.14 million to -370.14 million yuan [1] - The year-end net assets are anticipated to range from -408.62 million to -228.62 million yuan, down from 141.38 million yuan in the same period last year [1] Reasons for Performance Decline - The primary reason for the expected loss is overdue payments from certain clients, necessitating an impairment provision of 280 million to 460 million yuan [1] - Additionally, there has been a significant decline in revenue scale [1] - Non-operating gains and losses have decreased by approximately 9.60 million yuan year-on-year [1] Risk Factors - Following the disclosure of the 2025 annual report, there is a risk of the company's stock being subject to delisting risk warnings [1]