Zhong Guo Jing Ji Wang·2026-02-03 07:21Core Viewpoint - The company, Guangzhou Hexin Instrument Co., Ltd., is expected to report significant losses for the fiscal year 2025, with a projected net profit loss of approximately 89 million yuan, representing a year-on-year decline of about 93.52% [1] Financial Performance - The estimated net profit attributable to the parent company for 2025 is projected to be around -89 million yuan, a decrease of approximately 43.01 million yuan compared to the previous year [1] - The expected net profit after deducting non-recurring gains and losses is projected to be around -93 million yuan, reflecting a year-on-year decline of about 47.39% [1] - The anticipated operating revenue for 2025 is around 97 million yuan, which is a decrease of approximately 105.51 million yuan, or 52.10%, compared to the previous year [1] Risk of Delisting - If the audited net profit (before and after deducting non-recurring gains and losses) is negative and the operating revenue (after excluding unrelated business income) is below 100 million yuan, the company may face a delisting risk warning, indicated by the "*ST" prefix on its stock name [2] Shareholder Information - As of September 30, 2025, the eighth largest shareholder is Huatai Securities Co., Ltd., holding a 1.22% stake [3] Initial Public Offering (IPO) Details - The company raised a total of 310 million yuan from its initial public offering, with a net amount of 273 million yuan after deducting issuance costs [5] - The planned fundraising amount was 326 million yuan, intended for projects including the expansion of the mass spectrometry industrialization base and the establishment of a research and development center [5]