Core Viewpoint - The company, Hualing Precision Engineering Co., Ltd., is forecasting a significant net loss for the year 2025, attributed to a downturn in the real estate market and increased competition in the elevator and related components industry [2][4]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of the parent company to be between -145 million yuan and -120 million yuan for the year 2025 [2][4]. - The forecasted net profit, excluding non-recurring gains and losses, is anticipated to be between -140 million yuan and -115 million yuan [2][4]. - The performance forecast period is from January 1, 2025, to December 31, 2025 [3]. Group 2: Previous Year Performance - In the same period last year, the total profit was -161.34 million yuan, with a net profit attributable to shareholders of the parent company at -157.63 million yuan [6]. - The net profit, after excluding non-recurring gains and losses, was -150.57 million yuan [6]. - The earnings per share for the previous year were -1.18 yuan per share [7]. Group 3: Reasons for Expected Loss - The slowdown in China's real estate market has intensified competition in the elevator and related components industry, leading to decreased overall demand and declining product prices, which has negatively impacted sales revenue and profit [8]. - The company plans to make impairment provisions for certain assets showing signs of impairment, with specific amounts to be disclosed in the audited financial data [8].