Group 1 - Northeast Securities expects a net profit of 1.477 billion yuan in 2025, a year-on-year increase of 69.06% [1] - Gansu Energy anticipates a net profit of 1.95 billion to 2.1 billion yuan in 2025, representing a year-on-year growth of 18.6% to 27.72% [2] - Ningbo Bank reports a projected net profit of 29.333 billion yuan in 2025, with an 8.13% year-on-year increase [3] Group 2 - Qianyuan Power forecasts a net profit of 567 million to 633 million yuan in 2025, indicating a year-on-year growth of 160% to 190% [5] - Batian Co. expects a net profit of 890 million to 980 million yuan in 2025, reflecting a year-on-year increase of 117.53% to 139.53% [6] - Tongfu Microelectronics anticipates a net profit of 1.1 billion to 1.35 billion yuan in 2025, with a year-on-year growth of 62.34% to 99.24% [7] Group 3 - Zhongyuan Nepe expects a net profit of 368 million to 428 million yuan in 2025, representing a year-on-year increase of 80.47% to 109.9% [8] - Huajin Co. predicts a net loss of 1.6 billion to 1.9 billion yuan in 2025, compared to a loss of 2.795 billion yuan in the previous year [9] - Xinghua Co. anticipates a net loss of 420 million to 560 million yuan in 2025, up from a loss of 380 million yuan in the previous year [4] Group 4 - Huayuan Holdings expects a net profit of 107 million to 118 million yuan in 2025, a year-on-year increase of 50.98% to 66.82% [12] - Taishan Petroleum forecasts a net profit of 130 million to 165 million yuan in 2025, indicating a year-on-year growth of 30.88% to 66.11% [13] - Jiuqi Software anticipates a net profit of 40 million to 60 million yuan in 2025, recovering from a loss of 156 million yuan in the previous year [21] Group 5 - Jin Fang Energy expects a net profit of 109 million to 143 million yuan in 2025, reflecting a year-on-year increase of 123.97% to 193.7% [16] - He Sheng New Materials anticipates a net profit of 152 million to 171 million yuan in 2025, representing a year-on-year growth of 55% to 75% [24] - Yuedong Microelectronics predicts a net loss of 340 million to 425 million yuan in 2025 [14] Group 6 - Aibo Medical plans to acquire at least 51% of Demai Medical, with an estimated valuation of the target company not exceeding 1 billion yuan [26] - Zhaoshang Shipping intends to build four 3000TEU container ships with a total investment of no more than 1.324 billion yuan [18] - Zhongtung High-tech's subsidiary has confirmed an increase in mineral resources, adding significant quantities of tungsten and other metals [27]

Performance Forecast - The company expects its total operating revenue for the year 2025 to be between 270 million and 320 million yuan, representing an increase of 106.26 million to 156.26 million yuan compared to the previous year, which is a year-on-year increase of 64.90% to 95.43% [1] - The net profit attributable to the parent company is projected to be a loss of between 22 million and 11 million yuan, which is a reduction in loss of 35.19 million to 46.19 million yuan compared to the previous year, reflecting a year-on-year decrease in loss of 61.53% to 80.77% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be a loss of between 45 million and 28 million yuan, indicating a reduction in loss of 21.47 million to 38.47 million yuan compared to the previous year, which corresponds to a year-on-year decrease in loss of 32.30% to 57.88% [1] Previous Year Performance - In 2024, the company reported total operating revenue of 163.74 million yuan, with a total profit of -76.93 million yuan and a net profit attributable to the parent company of -57.19 million yuan [2] - The net profit attributable to the parent company after deducting non-recurring gains and losses was -66.47 million yuan, with a basic earnings per share of -0.76 yuan [2] Reasons for Performance Changes - The reduction in losses for the net profit attributable to the parent company and the net profit after deducting non-recurring gains and losses is primarily due to an increase in operating revenue, improved cost control leading to reduced expenses, and better collection of receivables resulting in the reversal of credit impairment losses [2][3]

（编辑 王雪儿） 证券日报网讯 1月20日，晶品特装发布公告称，公司预计2025年度营业收入为27000.00万元到32000.00 万元，较上年同期（法定披露数据）增加10，626.10万元到 15，626.10万元，同比增加64.90%至 95.43%。 ...

Core Viewpoint - Jingpin Special Equipment (688084.SH) forecasts a net loss attributable to shareholders of the parent company for the year 2025, estimated between -22 million to -11 million yuan, indicating a reduction in losses compared to the previous year by 35.19 million to 46.19 million yuan, representing a year-on-year decrease in losses of 61.53% to 80.77% [1] Financial Performance - The net profit attributable to shareholders of the parent company and the net profit after deducting non-recurring gains and losses are expected to show a reduction in losses compared to the same period last year [1] - The improvement in financial performance is attributed to an increase in operating revenue compared to the previous year, enhanced cost control leading to reduced expenses, and better collection of receivables resulting in the reversal of credit impairment losses [1]

Core Viewpoint - Jingpin Special Equipment (688084.SH) is expected to report a net loss attributable to shareholders of the parent company for the year 2025, with estimates ranging from -22 million to -11 million yuan, indicating a significant reduction in losses compared to the previous year [1] Financial Performance - The projected net loss for 2025 represents a decrease in losses by 35.19 million to 46.19 million yuan compared to the previous year, reflecting a year-on-year reduction in losses of 61.53% to 80.77% [1] - The improvement in financial performance is attributed to an increase in operating revenue, better expense management leading to reduced costs, and favorable collection of receivables resulting in the reversal of credit impairment losses [1]

人民财讯1月20日电，晶品特装(688084)1月20日公告，预计2025年度实现归属于母公司所有者的净利润 亏损1100万元到2200万元，较上年同期(法定披露数据)亏损预计减少3519.3万元到4619.3万元，报告期 内，公司营业收入较上年同期增加、加强费用管控使得费用较上年同期减少及回款较好进而信用减值损 失转回。 ...

Group 1 - The company Jingpin Special Equipment expects a net loss attributable to shareholders of the parent company for the fiscal year 2025, estimated between -22 million to -11 million yuan, which represents a reduction in loss of 35.19 million to 46.19 million yuan compared to the previous year, indicating a year-on-year decrease in loss of 61.53% to 80.77% [1] - The main reasons for the performance change include an increase in operating revenue compared to the previous year, improved cost control leading to reduced expenses, and better collection resulting in the reversal of credit impairment losses [1] - The company's operating revenue is affected by the adjustment of the price difference between the provisional price and the audited price based on the client's pricing situation, with major clients being specific field users, large groups, and research institutes [1] Group 2 - The company has disclosed in its IPO prospectus and regular reports that there is a significant difference between the provisional prices and the final approved prices, which may lead to substantial fluctuations in future revenue, profit, and gross margin [1] - Due to prudence, the company has made provisions for inventory impairment for long-held inventory, which has impacted the company's performance, resulting in continued losses for the reporting period [1]

Core Viewpoint - The company expects a significant increase in revenue for the fiscal year 2025, alongside a reduction in net losses compared to the previous year [1] Revenue Forecast - The company projects total revenue for 2025 to be between 270 million and 320 million yuan, representing an increase of 106 million to 156 million yuan year-on-year, which corresponds to a growth of 64.90% to 95.43% [1] Profitability Outlook - The net profit attributable to the parent company is expected to range from a loss of 22 million to 11 million yuan, which indicates a reduction in losses by 35.19 million to 46.19 million yuan compared to the previous year, translating to a year-on-year decrease in losses of 61.53% to 80.77% [1] Factors Influencing Performance - The performance changes are primarily attributed to increased revenue, improved cost control, and better collection of receivables leading to a reversal of credit impairment losses. However, the company still faces losses due to price adjustments and inventory write-downs [1]

Revenue Projections - The company expects 2025 annual revenue to be between 270 million to 320 million yuan, an increase of 106.26 million to 156.26 million yuan, representing a year-on-year growth of 64.90% to 95.43%[3]. - In 2024, the company reported total revenue of 163.74 million yuan and a net loss of -57.19 million yuan[4]. Net Loss Estimates - The projected net loss attributable to the parent company for 2025 is estimated to be between -22 million to -11 million yuan, a reduction in loss of 35.19 million to 46.19 million yuan compared to the previous year, reflecting a year-on-year decrease in loss of 61.53% to 80.77%[3]. - The expected net loss attributable to the parent company after deducting non-recurring gains and losses for 2025 is projected to be between -45 million to -28 million yuan, a reduction in loss of 21.47 million to 38.47 million yuan compared to the previous year, indicating a year-on-year decrease in loss of 32.30% to 57.88%[3]. Factors Influencing Performance - The company attributes the improvement in net profit to increased revenue, better expense management, and recovery of credit impairment losses[6]. - The revenue increase is influenced by the pricing adjustments of products based on client evaluations, with sales prices subject to approval by specific users and institutions[6]. - The company has indicated risks related to significant fluctuations in future revenue and profit margins due to the pricing mechanism of its products[6]. Forecast and Audit Status - The performance forecast is based on preliminary calculations and has not yet been audited by an accounting firm[7]. - Investors are advised that the forecast data is preliminary and the final audited financial data will be disclosed in the official annual report[8].

Core Viewpoint - The company, Jingpin Special Equipment, has released its annual performance forecast, indicating a projected net loss for 2025, with a significant reduction in losses compared to the previous year [1] Financial Performance - The expected net profit attributable to shareholders for 2025 is projected to be between -22 million yuan and -11 million yuan [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between -45 million yuan and -28 million yuan [1] - The net profit attributable to shareholders is expected to reduce losses by 61.53% to 80.77% year-on-year [1] Revenue and Cost Management - The increase in operating income compared to the previous year is a key factor in the reduction of losses [1] - Improved cost control has led to a decrease in expenses compared to the previous year [1] - Better collection of receivables has resulted in the reversal of credit impairment losses [1] Pricing Mechanism and Market Dynamics - The company's revenue is affected by the adjustment of the price difference between provisional pricing and audited pricing based on client evaluations [1] - The main customers are specific field users, large groups, and research institutes, with sales prices subject to approval by these clients [1] - The pricing mechanism, which involves significant differences between provisional and final approved prices, is a common industry practice and has been disclosed in the company's IPO prospectus and periodic reports [1] Inventory Management - The company has made provisions for inventory impairment based on prudence for older inventory [1] - These factors have contributed to the company's continued losses during the reporting period [1]