Shang Hai Zheng Quan Bao·2026-02-02 09:24Group 1 - The company Guodi Technology (002694) announced that its net assets are expected to be negative by the end of 2025, which may lead to a delisting risk warning for its stock [1][3] - On February 2, the company's stock price hit the daily limit down, closing at 3.33 yuan per share [1] - Guodi Technology's 2025 performance forecast indicates a projected net loss attributable to shareholders of 300 million to 577 million yuan, with a non-recurring net profit loss of 63.21 million to 123 million yuan [3] Group 2 - The anticipated negative net assets are primarily due to provisions for pending litigation losses, estimated between 280 million to 410 million yuan [3] - The company is attempting to improve its sales strategies, product structure, and expand its dealer network to enhance gross profit margins, while also focusing on internal management and cost control [3] - Guodi Technology has faced significant litigation costs, including a case with Zhejiang Jinggong Steel Structure Group, which has resulted in a cumulative provision loss exceeding 287 million yuan [5] Group 3 - The company has diversified into the cultural tourism sector, investing approximately 1 billion yuan in the Alxa Desert Dream Car Aviation Park project, but this has not yielded the expected returns [4] - Guodi Technology is currently involved in multiple legal disputes, including a second-instance case with Zhejiang Jinggong and a construction contract dispute with Ningxia Construction Group, which has led to additional provisions totaling 109.45 million yuan [5][6] - The company has engaged a professional legal team to address these ongoing legal challenges [6]