Core Viewpoint - Jingcheng Machinery Electric Company (00187) is expected to report a significant net loss for the fiscal year 2025, with estimates ranging from approximately RMB 46 million to RMB 55.2 million, indicating a downturn compared to the previous year [1] Financial Performance - The company anticipates a net profit loss attributable to shareholders of the parent company, excluding non-recurring gains and losses, between RMB 74.6 million and RMB 89.5 million for the fiscal year 2025 [1] Reasons for Loss - The primary reason for the expected loss is the intensified international trade friction, which has severely impacted the export business of the gas storage and transportation segment, leading to a decline in both sales volume and profit [1] - Emerging businesses such as hydrogen energy are still in the early stages of industry development, and although revenue from these segments has increased year-on-year, the overall market scale has not met expectations, resulting in lower-than-expected profit levels due to increasing market competition [1] - To enhance core competitiveness, the company has increased investments in new product research and development and supply chain layout, leading to a rise in R&D expenses compared to the same period last year [1]

Core Viewpoint - The company, Jingcheng Co., Ltd. (600860.SH), has announced an expected net loss for the fiscal year 2025, projecting a loss of approximately RMB -46 million to -55.2 million, indicating a significant decline compared to the previous year [1] Financial Performance - The anticipated net profit for 2025 is projected to be between RMB -46 million and -55.2 million, marking a shift to a loss compared to the previous year's statutory disclosure [1] Reasons for Loss - The primary reason for the expected loss is the intensified international trade friction, which has severely impacted the company's gas storage and transportation segment, leading to significant downward pressure on export business and a decline in both sales volume and profit [1] - Emerging businesses such as hydrogen energy are still in the early stages of industry development, and although revenue from these segments has increased year-on-year, the overall market scale has not met expectations. The increasing market competition has resulted in profit levels falling short of projections [1] - To enhance core competitiveness, the company has continued to increase investments in new product research and development as well as supply chain layout, resulting in a rise in R&D expenses compared to the same period last year [1]

Core Viewpoint - The company is expected to report a net loss of approximately RMB -46 million to -55.2 million for the year 2025, indicating a significant decline compared to the previous year [1] Group 1: Financial Performance - The anticipated net profit for 2025 is projected to be between RMB -46 million and -55.2 million, marking a shift to losses compared to the same period last year [1] - The decline in performance is primarily attributed to intensified international trade friction, which has adversely affected the company's gas storage and transportation export business, leading to decreased sales and profits [1] Group 2: Business Segments - The emerging hydrogen energy sector is still in its early developmental stage, with the overall market size not meeting expectations; although revenue from related businesses has increased year-on-year, the profit level remains below expectations due to intensifying market competition [1] Group 3: Investment and R&D - To enhance core competitiveness, the company has increased its investment in new product development and supply chain layout, resulting in a rise in R&D expenses compared to the previous year [1]

Core Viewpoint - The company expects a significant net profit loss for the year 2025, with estimates ranging from RMB 46 million to RMB 55.2 million, indicating a downturn compared to the previous year [1] Financial Performance - The projected net profit loss attributable to the parent company for 2025 is estimated to be between RMB 74.6 million and RMB 89.5 million when excluding non-recurring gains and losses [1] Reasons for Performance Decline - The primary reason for the expected loss is the intensified international trade friction, which has severely impacted the company's gas storage and transportation segment, leading to a noticeable decline in both sales volume and profit [1] - Emerging businesses, such as hydrogen energy, are still in the early stages of industry development, and although revenue from these segments has increased year-on-year, the overall market scale has not met expectations, resulting in lower-than-expected profit levels due to increasing market competition [1] - To enhance core competitiveness, the company has increased investments in new product research and development and supply chain layout, resulting in a rise in R&D expenses compared to the same period last year [1]