Core Viewpoint - The company Shida Shenghua New Materials Group Co., Ltd. is expected to report a significant net loss for the first three quarters of 2025, with projected losses ranging from 49 million to 75 million yuan, marking a substantial decline compared to the previous year's profit of approximately 1.13 million yuan [2] Financial Performance - The estimated net profit attributable to shareholders for the period from January 1 to September 30, 2025, is projected to be between -49 million and -75 million yuan, representing a decrease of 6.03 million to 8.63 million yuan year-on-year, with a decline rate between 534.97% and 765.77% [2] - After excluding non-recurring gains and losses, the expected net profit attributable to shareholders is forecasted to be between -53 million and -79 million yuan, a reduction of 5.56 million to 8.16 million yuan compared to the previous year's figure of approximately 255,160 yuan, with a year-on-year decline rate of 2,177.13% to 3,196.10% [2] Factors Influencing Performance - The company cites two main factors contributing to the anticipated performance decline: 1. Intense market competition leading to a decrease in product prices, which adversely affects revenue and profit levels [2] 2. Increased market investment and research and development efforts to cope with industry competition, resulting in higher expenses that further compress operating profit margins [2]