众合科技2026年初动态：业绩预告亏损，股份回购完成，新获订单

Core Viewpoint - The company, Zhonghe Technology, is expected to face significant challenges in 2025, with projected net losses and ongoing strategic developments that may influence market perception and stock performance [2][5]. Financial Performance - The company announced on January 30, 2026, that it anticipates a net profit loss of between 40 million to 60 million yuan for 2025, with the annual report scheduled for release on April 29, 2026. The first quarter report may also be released on the same day, and if it shows a profit, it could support the stock price [2]. Company Status - On January 16, 2026, the company reported a share buyback totaling 84.6157 million yuan, acquiring 10.5274 million shares, which represents 1.56% of the total share capital. The repurchased shares are intended for employee stock ownership plans or equity incentives [3]. Capital Movements - A block trade occurred on February 12, 2026, with a transaction amount of 79.619 million yuan, indicating institutional buying at a price 0.72% above the closing price of that day, reflecting institutional capital movements [4]. Business Developments - The company recently won bids for the Taizhou Railway project worth 430 million yuan and the Chongqing Rail Transit project worth 141 million yuan, totaling 571 million yuan, which may contribute positively to the 2026 performance. Additionally, the company is expanding into emerging sectors such as low-altitude economy and semiconductors [5]. Regulatory Situation - In January 2026, the company received a warning letter from the Zhejiang Securities Regulatory Bureau due to violations in the use of funds raised in 2024. However, the funds have been returned promptly, and the company stated that this incident does not affect normal operations. This event was previously disclosed in the 2024 annual report [6].