Core Viewpoint - Zhonggan Communication (02545) has issued a profit warning, expecting a significant decline in net profit for the interim period ending June 30, 2025, with projected profit not exceeding RMB 5 million compared to RMB 18.6 million in the same period last year [1] Group 1: Financial Performance - The company anticipates a net profit for equity shareholders of no more than RMB 5 million for the upcoming interim period [1] - Last year's net profit for equity shareholders was approximately RMB 18.6 million, indicating a substantial decrease [1] Group 2: Reasons for Profit Decline - The expected decline in profit is primarily due to the completion of several large telecommunications infrastructure service projects in the first half of 2025 [1] - The number of initial customer orders for newly awarded telecommunications infrastructure service projects is limited, leading to a reduction in overall construction work [1] - There has been a decrease in the number of contracts obtained for software solution services, resulting in lower revenue and gross profit from digital solution services [1]

中赣通信(02545)跌超12%，截至发稿，跌12.5%，报0.63港元，成交额290.01万港元。 消息面上，中赣通信发盈警，预期于中期期间(截至2025年6月30日止6个月)公司权益股东应占集团溢利 将不高于人民币500万元，而去年同期公司权益股东应占溢利约为人民币1860万元。董事会认为上述预 期公司权益股东应占集团溢利减少乃主要由于若干大型电信基础设施服务项目于2025年上半年大致完 成，以及已中标的新电信基础设施服务项目初期客户的订单数量有限，导致整体建造工程减少；及软件 解决方案服务项目所取得的合约数目减少，导致数字化解决方案服务所产生的收入及毛利减少。 ...

消息面上，中赣通信发盈警，预期于中期期间(截至2025年6月30日止6个月)公司权益股东应占集团溢利 将不高于人民币500万元，而去年同期公司权益股东应占溢利约为人民币1860万元。董事会认为上述预 期公司权益股东应占集团溢利减少乃主要由于若干大型电信基础设施服务项目于2025年上半年大致完 成，以及已中标的新电信基础设施服务项目初期客户的订单数量有限，导致整体建造工程减少；及软件 解决方案服务项目所取得的合约数目减少，导致数字化解决方案服务所产生的收入及毛利减少。 智通财经APP获悉，中赣通信(02545)跌超12%，截至发稿，跌12.5%，报0.63港元，成交额290.01万港 元。 ...

Group 1 - The core viewpoint of the news highlights the recent performance of Zhonggan Communication, which saw a significant stock price increase of 21.57% on August 4, closing at HKD 0.62 per share, with a trading volume of 13.094 million shares and a turnover of HKD 7.761 million [1] - Over the past month, Zhonggan Communication has achieved a cumulative increase of 36%, and a year-to-date increase of 56.92%, outperforming the Hang Seng Index by 22.17% [1] - Financial data indicates that as of December 31, 2024, Zhonggan Communication is projected to have a total operating revenue of CNY 551 million, a year-on-year decrease of 9.56%, and a net profit attributable to shareholders of CNY 9.709 million, down 85.85% year-on-year, with a gross margin of 19.28% and a debt-to-asset ratio of 69.75% [1] Group 2 - Currently, there are no institutional investment ratings for Zhonggan Communication [2] - In terms of industry valuation, the average price-to-earnings (P/E) ratio for the telecommunications sector (TTM) is 66.53 times, with a median of 13.7 times. Zhonggan Communication has a P/E ratio of 31.13 times, ranking 13th in the industry [2] - Zhonggan Communication Group Holdings Limited is a well-known comprehensive service provider and software developer headquartered in Jiangxi Province, China, specializing in telecommunications infrastructure services and digital solutions. Its clients include major market partners such as China Mobile, China Telecom, China Unicom, and various municipal units [2]