Kelida(SH:603828) Sou Hu Cai Jing·2026-02-03 12:42Core Viewpoint - ST Keli Da (603828.SH) has announced a projected net loss for the year 2025, indicating significant challenges in the construction industry due to macroeconomic weakness and intensified market competition [1][2]. Financial Performance - The company expects a net profit attributable to shareholders of the parent company to be between -160 million to -200 million yuan for 2025 [1]. - The projected net profit after deducting non-recurring gains and losses is estimated to be between -240 million to -310 million yuan [1]. Market Conditions - The domestic construction industry is facing increased downward pressure, with a tightening market environment and intensified competition [1]. - In response to these challenges, the company is narrowing its market focus and reducing the volume of ongoing projects, leading to decreased operating revenue [1]. Management and Governance - Keli Da was established in 2000, focusing on the design and construction of building curtain walls and decorative engineering [2]. - The actual controllers of the company include Gu Yiming, Gu Jia, and Gu Longdi, with Gu Yiming serving as the chairman since 2014 [2]. Executive Compensation - Gu Yiming's salary for 2024 is reported to be 800,000 yuan, a decrease of 23% compared to 1,035,000 yuan in 2023 [3].