Zhongxin Corporation: Expected to have a loss of 9.8 million yuan in 2025, with orders on hand amounting to 7.51 billion yuan.
CITIC Bo announced that it is expected to have a net profit attributable to its parent company owner of approximately -9.8 million yuan in 2025, compared to a profit of 632 million yuan in the same period last year; with a non-net profit of about -43.8 million yuan. The decline in performance is mainly due to fluctuations in upstream component prices, a complex international trade environment, exchange rate fluctuations, fierce industry competition, changes in product structure, and increased strategic investment. The company is taking multiple measures to address these challenges. As of the disclosure date, the total amount of orders in hand is 7.51 billion yuan, with solar tracking support system products accounting for 6.43 billion yuan and others 1.076 billion yuan.
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