威龙股份2025年预亏超4000万，实控人涉案股权高比例冻结

Group 1: Core Viewpoint - The company, Wilong Co., Ltd. (603779), is facing multiple pressures including expected performance losses, asset disposal, risks related to the actual controller, and business adjustments [1] Group 2: Performance and Operational Situation - The company anticipates a net profit loss attributable to shareholders of between 40.92 million to 66.11 million yuan for the fiscal year 2025, marking a shift from profit to loss year-on-year. This loss is primarily due to a sluggish wine market, decreased main business revenue, and non-recurring losses related to the disposal of grapevines and impairment provisions for raw wine [2] Group 3: Financial Condition - To alleviate cash flow pressures, the company plans to dispose of 600 acres of grapevines at the Longkou Longhu grape planting base, which is expected to incur a loss of approximately 11.177 million yuan. Additionally, the company will recognize an impairment provision of about 38.75 million yuan for raw wine [3] Group 4: Company Status - The actual controller, Yan Pengfei, is under residential surveillance due to allegations of fund misappropriation as of December 2024. The controlling shareholder, Xinghe Xirang, has a high proportion of shares frozen, with 86.47% of shares frozen as of November 2025, which may impact the stability of the company's control [4] Group 5: Stock Price Fluctuation Reasons - As of December 6, 2025, the controlling shareholder's pledge ratio reached 78.76%, with the stock price nearing the estimated liquidation line, triggering a "high risk" alert from Eagle Eye, necessitating caution regarding potential stock price volatility due to forced liquidation [5] Group 6: Strategic Advancement - The company plans to conduct quality assessments of its raw wine inventory in 2026, with some being used for distilling brandy, and aims to develop entry-level wine products targeting younger demographics and third- and fourth-tier markets to optimize its product structure [6]