中装建设2025年业绩预计大幅亏损，仍面临信披违规旧账

Group 1 - The company, Zhongzhuang Construction, is expected to report a net loss of between 2.98 billion and 3.38 billion yuan for the year 2025, with a non-recurring net loss estimated between 1.21 billion and 1.61 billion yuan [1][2] - The company is currently in a restructuring phase, facing credit issues that prevent it from undertaking engineering projects, leading to a decline in operating revenue [3][4] - The company entered the execution phase of its restructuring plan in December 2025, while facing ongoing regulatory scrutiny [4] Group 2 - Investors have initiated compensation claims against the company due to financial data misrepresentation in annual reports from 2017 to 2021, which included understated costs and inflated profits [2][4] - The inflated profits during the period ranged from 18.33 million to 43.99 million yuan, affecting not only annual reports but also documents related to convertible bond offerings and share issuances [2][4] - The company's ability to move past its issues and operate in compliance under a new ownership structure and management remains to be seen [2][4]