Core Viewpoint - New Hope Development (600359.SH) has announced a projected net loss for the fiscal year 2025, estimating a loss of between 8.55 million to 5.7 million yuan, indicating a decline compared to the previous year [1] Group 1: Financial Performance - The company expects to report a net profit attributable to shareholders of the parent company in the range of -8.55 million to -5.7 million yuan for 2025, marking a significant loss compared to the same period last year [1] Group 2: Reasons for Performance Decline - The primary reasons for the anticipated loss include intensified market competition affecting core business segments such as cotton and licorice products, leading to a decrease in sales volume year-on-year and a strategy to lower sales prices, which has resulted in a decline in product gross margins [1] - Additionally, the decline in domestic beef prices and increased competition in the licorice product market have negatively impacted the realizable net value of inventory, prompting the company to conduct impairment testing on related inventories and recognize inventory write-downs in accordance with accounting standards [1]

Group 1 - The company Xin Nong Development expects a net loss attributable to shareholders of the parent company for the fiscal year 2025, ranging from -8.55 million to -5.7 million yuan, indicating a decline compared to the same period last year [1] - The primary reason for the performance change is intensified market competition affecting core business segments such as cotton and licorice products, leading to a year-on-year decrease in sales volume [1] - To adapt to the competitive environment, the company has adopted a strategy of lowering sales prices, which has resulted in a decline in product gross margins [1] Group 2 - The company is facing challenges due to falling domestic beef prices and increased competition in the licorice product market, which has led to a decrease in the net realizable value of inventories such as beef cattle and licorice extract [1] - As a result, the company has conducted impairment testing on related inventories in accordance with accounting standards and has recognized inventory write-down provisions [1]

Core Viewpoint - The company Xin Nong Development (600359.SH) is expected to report a net loss for the fiscal year 2025, with projected losses ranging from 8.55 million to 5.70 million yuan, indicating a decline compared to the previous year [1] Financial Performance - The anticipated net profit attributable to the parent company for 2025 is projected to be between -8.55 million and -5.70 million yuan [1] - The expected net profit after deducting non-recurring gains and losses is estimated to be between -13.35 million and -8.90 million yuan [1] Business Challenges - The core business segments, including cotton products and licorice products, are facing intensified market competition, leading to a year-on-year decrease in sales volume [1] - To adapt to the competitive environment, the company has adopted a strategy of lowering sales prices, which has resulted in a decline in product gross margins [1] - The domestic beef cattle prices have decreased, and competition in the licorice product market has intensified, leading to a reduction in the net realizable value of inventory, prompting the company to conduct impairment testing on related inventories [1]

Core Viewpoint - The company, Xinong Development, has announced a projected net loss for 2025, indicating a significant decline in profitability compared to the previous year [1] Financial Performance - The company expects to report a net profit attributable to shareholders ranging from -8.55 million to -5.70 million yuan for 2025, marking a shift to a loss compared to the same period last year [1] Business Segments - Core business segments, including cotton products and licorice products, have experienced a decrease in sales volume year-on-year due to intensified market competition [1] - In response to the competitive environment, the company has adopted a strategy of lowering sales prices, which has led to a decline in product gross margins [1] Inventory and Valuation - The company has faced a decline in the realizable net value of its inventory, including beef cattle and licorice extract, due to falling domestic beef prices and increased competition in the licorice market [1] - As a result, the company has conducted impairment testing on relevant inventories in accordance with accounting standards and has recognized inventory write-downs [1]

新疆塔里木农业综合开发股份有限公司 审 计 报 告 大信审字[2025]第 12-00001 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 邮编 100083 网址 Internet： www.daxincpa.com.cn 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 WUYIGE Certified Public Accountants.LLP Room 2206 22/F,Xueyuan International Tower No.1 Zhichun Road,Haidian Dist. Beijing,China,100083 电话 Telephone：+86（10）82330558 传真 Fax： +86（10）82327668 审计报告 大信审字[2025]第 12-00001 号 新疆塔里木农业综合开发股份有限公司全体股东： - 1 - 一、审计意见 我们审计了新疆塔里木农业综合开发股份有限公司（以下简称"贵公司"）的财务报表， 包括 2024 年 12 月 31 日的合并及母公司资产负 ...

一. 重要声明 公司代码：600359 公司简称：新农开发 新疆塔里木农业综合开发股份有限公司 2024 年度内部控制评价报告 新疆塔里木农业综合开发股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外 ...