Core Viewpoint - The company is expected to report a significant net loss for 2025, but with a reduction in losses compared to 2024, primarily due to challenges in its new energy business and increased competition in the mixed tower sector [2]. Group 1: Financial Performance - The company forecasts a net loss attributable to shareholders of between 55 million to 75 million yuan for 2025, representing a decrease in losses of 27% to 47% compared to the same period in 2024 [2]. Group 2: Project Development - The company plans to initiate new energy projects with a total installed capacity of approximately 595 MW, including a 300,000 kW integrated project in Kulunqi and a 195 MW wind power project in Alxa, which are expected to enter construction or production phases in 2026 and potentially contribute to 2027 performance [3]. Group 3: Financial and Technical Aspects - As of February 4, 2026, the company experienced a net inflow of 2.1946 million yuan in main funds, with a daily stock price increase of 2.06%, although the cumulative decline for the year stands at 4.95%. The flow of funds and market sentiment may continue to impact short-term performance [4]. - The company’s business transformation, including mixed tower project deliveries and expansion in power engineering contracting, along with industry policy trends, should be monitored [4].

Group 1 - The core point of the article is that the company, Zhan Energy, confirmed that all of its mixed tower projects have been delivered as planned, with no delays reported [1] Group 2 - An investor inquired about any delayed projects by the company, specifically asking about the status as of December 31, 2025 [1] - The company responded on the investor interaction platform, clarifying that there are no delayed projects [1]