利和兴2025年业绩预亏1.2亿至1.7亿元，股价近期震荡

Core Viewpoint - Lihexing (301013) confirmed a significant loss for the fiscal year 2025, primarily due to a decline in business revenue and gross margin, along with increased credit impairment losses and asset impairment losses, with an estimated loss of 120 million to 170 million yuan, marking a substantial shift from profit to loss compared to the previous year [1] Recent Events - On February 5, 2026, the management of Lihexing expressed confidence in the industry outlook and future development, stating intentions to optimize operational management to address market competition, aiming to provide long-term stable returns for investors. This statement was made during a period of recent stock price fluctuations, with no other significant events disclosed [2] Stock Performance - Over the past 7 days (February 5 to February 11, 2026), Lihexing's stock price fluctuated by 0.99%, with a volatility of 6.37%. The latest price was 24.58 yuan (as of February 11), showing a slight recovery from the closing price of 23.82 yuan on February 5. The trading volume during this period was approximately 626 million yuan, with a maximum turnover rate of 3.66% on February 9. The current technical indicators suggest the stock is in a consolidation phase, with a resistance level at 29.56 yuan and a support level at 22.25 yuan [3] Institutional Perspectives - Recent institutional forecasts indicate that Lihexing is expected to achieve a net profit of 85 million yuan in 2025, representing a year-on-year growth of 39.34%. For 2026, the projected net profit is 130 million yuan, reflecting a year-on-year increase of 52.94%. Current institutional ratings are predominantly neutral, with no clear target price and general market attention [4]