Core Viewpoint - The company, Beijing Zhen Shitong Technology Co., Ltd., anticipates a negative net profit for the fiscal year 2025 due to strategic business adjustments and a decline in order volume [2][3]. Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025, with an expected net profit in negative territory [1]. - The financial data related to this forecast has not been audited by an accounting firm, but preliminary discussions have occurred without major disagreements [2]. Reasons for Performance Change - The company is undergoing a strategic adjustment phase, leading to a shift from profit to loss. Key reasons include: 1. A decrease in order volume and delays in large project acceptance due to extended customer construction cycles, resulting in lower revenue compared to the previous year [3]. 2. Significant changes in credit impairment losses, primarily due to the recovery of long-term receivables in 2024, which reduced the amount of bad debt provisions [3]. Other Relevant Information - The performance forecast is based on preliminary calculations by the company's finance department, with detailed financial data to be disclosed in the 2025 annual report [4]. - The company has conducted a comprehensive review and impairment testing of its assets as of December 31, 2025, in accordance with accounting standards [8]. - The total amount of impairment provisions and asset write-offs is expected to impact the net profit attributable to shareholders by a reduction of 378.37 thousand yuan [9].

南财智讯1月29日电，真视通发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为-7500 万元—-5500万元；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为-7500万元 —-5500万元。公司近两年正处于业务战略调整期，报告期公司一方面基于传统业务竞争加剧，控制现 有业务规模以降低风险，另一方面积极打造以液冷为核心的AIDC全面解决方案并拓展绿色算力领域。 报告期公司业绩由盈转亏，主要原因如下：1、报告期公司订单量有所减少，同时大项目受客户建设周 期拉长的影响，导致报告期项目验收减少，营业收入较上年同期有所下降。2、报告期信用减值损失同 比变动较大，主要系2024年度公司收回较多长期应收账款，导致减少应收账款坏账准备金额较高。 ...