近日，际华集团发布业绩预告，预计2025年度将出现净亏损。作为中国大型军需品和职业装制造商，际华集团隶属于新兴际华集团有限公司，长期承担国家应急保障和军需物资生产任务。此次预亏主要受多重因素影响：一方面，国内纺织服装行业整体承压，市场需求疲软，订单减少；另一方面，原材料价格波动、人工成本上升以及部分资产减值计提，进一步压缩了利润空间。此外，公司正处于业务结构调整和转型升级的关键阶段，传统产能优化与新业务培育尚需时间，短期内对盈利能力形成拖累。尽管面临短期挑战，际华集团表示将继续聚焦主责主业，强化内部管理，加快数字化转型和绿色制造布局，力争在中长期实现高质量发展。投资者应关注其后续改革成效及军需保障订单的稳定性。
Recently, Jihua Group issued a profit warning, forecasting a net loss for the fiscal year 2025. As a major Chinese manufacturer of military supplies and occupational apparel, Jihua Group is a subsidiary of Xinxing Jihua Group Co., Ltd., and has long been responsible for national emergency response and military procurement production. The anticipated loss stems from multiple factors: on one hand, the domestic textile and apparel industry faces overall pressure due to weak market demand and declining orders; on the other, volatile raw material prices, rising labor costs, and asset impairment provisions have further squeezed profit margins. Additionally, the company is currently undergoing a critical phase of business restructuring and transformation—optimizing traditional capacity and cultivating new business lines both require time, temporarily weighing on profitability. Despite these short-term challenges, Jihua Group stated it will continue focusing on its core responsibilities, enhance internal management, and accelerate digital transformation and green manufacturing initiatives to achieve high-quality growth in the medium to long term. Investors should closely monitor the effectiveness of its ongoing reforms and the stability of military supply contracts.
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