城地香江业绩预亏，算力中心项目调整，控股股东变更推进

Group 1: Financial Performance - The company expects a net profit attributable to shareholders for the year 2025 to be between -46 million and -69 million yuan, indicating a narrowing loss compared to the previous year, primarily due to credit impairment, asset impairment, and increased R&D expenses [2] Group 2: Project Developments - The company announced a significant adjustment to the Yangzhou computing power center project, where the original contract's B04-B05 machine room will be self-invested by the party due to changes in business conditions, leading to an expected revenue decrease of approximately 1.092 billion yuan, but a corresponding decrease in investment and liabilities, thus reducing operational risks [3] - The wholly-owned subsidiary, Xiangjiang System, has entered the candidate list for the bidding of the China Mobile Ningxia Zhongwei Data Center project, although a formal contract has not yet been signed [5] Group 3: Corporate Status - The company is in the process of introducing a central enterprise, China Electric Intelligent Computing, through a private placement announced in October 2024, which may lead to a change in control [4] Group 4: Stock Performance - On February 3, 2026, the company's stock price increased by 2.03%, with a cumulative increase of 19.08% for the year, although there was a net outflow of 8.2473 million yuan in main funds on that day, indicating short-term capital divergence [6]