丰元股份2025年预亏超4亿，担保风险高企引关注

Group 1: Core Viewpoint - The company, Fengyuan Co., Ltd. (002805), has disclosed several important announcements regarding its performance forecast, external guarantees, and institutional research activities [1] Group 2: Performance and Operational Situation - On January 30, 2026, the company announced a performance forecast for the year 2025, expecting a net loss attributable to shareholders of 400 million to 460 million yuan, while noting an improvement in the utilization rate of lithium battery cathode material production capacity in the fourth quarter, with positive trends in main business revenue and gross margin, indicating significant loss reduction [2] - On February 6, 2026, the company reiterated its production capacity utilization and operational improvement in its investment activity record [2] Group 3: Company Status - On February 5, 2026, the company announced a provision of a joint liability guarantee of 250 million yuan for its wholly-owned subsidiary, Shandong Fengyuan Lithium Energy Technology Co., Ltd., bringing the total external guarantee balance for the company and its subsidiaries to 2.8395 billion yuan, which accounts for 166.10% of the most recent audited net assets, indicating related risks [3] Group 4: Institutional Research - On February 4, 2026, the company participated in an institutional research session with Guotai Junan Securities and Tianhong Fund, discussing the distribution of lithium iron phosphate production capacity (with 225,000 tons completed and 75,000 tons under construction), maintaining high capacity utilization, and progress in cooperation with core customers [4]