Nandu Power : Révision à la baisse des prévisions de performance pour 2025, perte anticipée de 890 millions à 1,25 milliard de yuans

Nandu Power Disclosure of the 2025 Annual Performance Forecast Revision Announcement, expected loss of 2.4 billion to 2.8 billion yuan in 2025, previously estimated loss of 890 million to 1.25 billion yuan; loss of 1.497 billion yuan in the same period last year.
Reason for performance revision: Affected by the long-term inversion of prices between waste batteries and lead, the wholly-owned subsidiary Huabo Recycling Resources has been under continuous pressure in operations and has fallen into ongoing losses.
The company has decided to agree to Huabo Recycling Resources ceasing operations. The company will fully provision for asset impairment on its long-term assets such as buildings and machinery.
The estimated impairment amount is about 1.3 billion yuan; the company’s liquidity is tight, and there are delivery obstacles in existing orders.
The company is optimizing and adjusting its business model, and these adjustments may have a significant impact on the operational efficiency of some entities and future profitability.