集泰股份：预计2025年亏损1900万元-2800万元

Group 1 - The company, Jitai Co., Ltd. (002909), expects a net loss attributable to shareholders of 19 million to 28 million yuan for the year 2025, compared to a profit of 19.28 million yuan in the same period last year [4] - The company's non-recurring net profit is projected to be a loss of 28 million to 40 million yuan, down from a profit of 14.25 million yuan in the previous year [4] - The basic earnings per share are estimated to be between -0.05 yuan and -0.073 yuan [4] Group 2 - The company's overall revenue and profit have declined year-on-year, primarily due to the pressure on traditional businesses during its strategic transformation and capacity upgrade in 2025 [13] - Despite significant growth in key businesses such as home decoration adhesives and new energy adhesives, traditional sectors are still affected by cyclical fluctuations in the downstream container manufacturing and construction markets [13] - The container manufacturing market is slowing down due to reduced momentum in global trade and container shipping, while the construction market is constrained by insufficient public project starts and weak terminal demand [13] Group 3 - In 2026, the company aims to maintain stable operations in traditional businesses while actively seizing strategic opportunities in the rapidly expanding new energy downstream market [13] - The company plans to continue expanding its industrial adhesive market, particularly in new energy applications, through technological iteration and market expansion [13] - The goal is to enhance the proportion of the second growth curve business, improve resilience against cyclical fluctuations, and drive overall operational performance recovery and improvement [13]