汇创达2025年业绩预降超八成，可转债发行审核进入第二轮问询

Core Viewpoint - The company Huichuangda (300909) is forecasting a significant decline in net profit for 2025, with an expected drop of 80.84% to 87.20% year-on-year, while also advancing its application for convertible bonds to fund new energy projects [1][2]. Financial Performance - The company anticipates a net profit attributable to shareholders of between 12.9 million and 19.3 million yuan for 2025, reflecting a year-on-year decrease of 80.84% to 87.20%. This decline is primarily attributed to foreign exchange losses due to currency fluctuations, increased costs from strategic investments, and goodwill impairment from subsidiaries. The figures are preliminary and subject to final audit [2]. Project Advancement - Huichuangda is in the process of applying for a public offering of convertible bonds, aiming to raise no more than 650 million yuan for new energy projects. The Shenzhen Stock Exchange issued a second round of inquiry on January 22, 2026, and the company along with relevant intermediaries has completed their responses. The project still requires approval from the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission, leaving its implementation uncertain [3]. Strategic Development - The company plans to allocate the raised funds towards the "CCS for power batteries and energy storage systems and connectors for new energy projects," indicating a strategic shift towards the new energy sector. This move may have long-term implications for the company's business structure, but it is essential to monitor order fulfillment and capacity utilization [4].