山科智能2025年业绩预降超七成，近期中标水务项目

Core Viewpoint - The company, Shanke Intelligent (300897), has disclosed a significant expected decline in net profit for 2025, alongside winning two smart water management projects, although formal contracts have yet to be signed [1][2]. Group 1: Performance Outlook - The company forecasts a net profit attributable to shareholders for 2025 to be between 15 million and 21 million yuan, representing a year-on-year decline of 74.22% to 81.58% [2]. - The final financial data will be confirmed in the annual report for 2025, expected to be released in early 2026 [2]. Group 2: Contract Developments - The company announced winning bids for two projects related to smart water management: a platform development project worth 12.1095 million yuan and a procurement project for ultrasonic and non-magnetic remote water meters with a total bid amount exceeding 64 million yuan [3]. - Formal contracts for these projects have not yet been signed, and the progress of contract finalization and project advancement will need to be monitored [3]. Group 3: Financial Situation - As of January 29, 2026, the company's financing balance reached 113 million yuan, which is a high proportion of its market capitalization, and recent stock price fluctuations have been accompanied by net outflows of major funds [4]. - These factors may influence short-term market sentiment [4].