鹿山新材（603051）(603051.SH)发布2025年年度业绩预亏公告，预计2025年年度实现归属于母公司所 有者的净利润为-7,400万元到-3,700万元，与上年同期(法定披露数据)相比，将出现亏损;预计2025年年 度实现归属于母公司所有者的扣除非经常性损益后的净利润为-9,800万元到-6,100万元。 ...

Group 1 - The company, Lushan New Materials, expects to report a net profit attributable to shareholders of the parent company for 2025 in the range of -74 million to -37 million yuan, indicating a loss compared to the same period last year [1] - The primary reason for the performance change is the impact on the main business, particularly related to the impairment of assets associated with the solar cell packaging film business [1] - The company plans to recognize an impairment provision for assets showing signs of impairment, which is expected to reduce the current net profit by 40 million to 60 million yuan [1] Group 2 - The solar cell packaging film products are facing intense market competition, leading to a decline in sales prices and an overall decrease in gross profit margin [1]

智通财经APP讯，鹿山新材(603051.SH)发布2025年年度业绩预亏公告，预计2025年年度实现归属于母 公司所有者的净利润为-7,400万元到-3,700万元，与上年同期(法定披露数据)相比，将出现亏损;预计 2025年年度实现归属于母公司所有者的扣除非经常性损益后的净利润为-9,800万元到-6,100万元。 ...

鹿山新材1月19日公告，预计2025年年度实现营业收入14亿元-16亿元，上年同期营业收入20.67亿元； 预计2025年年度归属母公司净利润亏损3700万元到7400万元，上年同期盈利1693.56万元。 ...

Core Viewpoint - Lushan New Materials (603051) expects a net loss attributable to shareholders of the parent company ranging from 37 million to 74 million yuan for 2025, indicating a shift from profit to loss year-on-year due to intense market competition affecting sales prices and overall gross margin decline [1] Financial Performance - The company anticipates a significant decline in net profit for 2025, projecting a loss between 37 million and 74 million yuan [1] - The decline in profitability is attributed to the decrease in sales prices of solar cell packaging adhesive films, which has been impacted by fierce market competition [1] - Overall gross margin has decreased, contributing to the reduction in net profit for the reporting period [1]

证券代码：603051 证券简称：鹿山新材 公告编号：2026-001 广州鹿山新材料股份有限公司 2025 年年度业绩预亏公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （三）本次所预计的业绩未经注册会计师审计。 二、上年同期经营业绩和财务状况 （一）营业收入：206,654.33 万元。 （二）业绩预告情况 1、经公司财务部门初步测算，公司预计 2025 年年度实现营业收入 140,000 万元至 160,000 万元。 2、公司预计 2025 年年度实现归属于母公司所有者的净利润为-7,400 万元 到-3,700 万元，与上年同期（法定披露数据）相比，将出现亏损。 1 本期业绩预告适用于净利润为负值的情形。 经广州鹿山新材料股份有限公司（以下简称"公司"）财务部门初步测算， 公司预计 2025 年年度实现营业收入 140,000 万元至 160,000 万元。 公司预计 2025 年年度实 ...

鹿山新材公告，预计2025年年度实现归属于母公司所有者的净利润为-7400万元到-3700万元，与上年同 期相比将出现亏损；预计2025年年度实现归属于母公司所有者的扣除非经常性损益后的净利润为-9800 万元到-6100万元。 ...

Core Viewpoint - The company is expected to report a significant decline in revenue and a net loss for the fiscal year 2025 compared to the previous year [1] Financial Performance - Projected revenue for 2025 is estimated to be between 1.4 billion to 1.6 billion yuan, down from 2.067 billion yuan in the same period last year [1] - The net profit attributable to the parent company is expected to be between -74 million to -37 million yuan, a stark contrast to the net profit of 16.9356 million yuan reported in the previous year [1] - The non-recurring net profit is projected to be between -98 million to -61 million yuan, compared to -656,400 yuan in the same period last year [1] Reasons for Performance Decline - The anticipated performance decline is primarily due to an impairment provision of 40 million to 60 million yuan related to assets in the solar cell packaging film business [1] - There has been a decrease in the sales price of the product, along with an overall decline in gross margin [1]

Investment Rating - The report indicates a positive investment outlook for the humanoid robotics sector, highlighting 2026 as a pivotal year for the commercialization of humanoid robots [4]. Core Insights - The robotics industry is experiencing accelerated growth, with significant advancements in embodied intelligence models and partnerships aimed at enhancing logistics and operational efficiency [2][3][4]. - Key players like Qianxun Intelligent and Zhujidi Dynamics are making strides in developing advanced robotic systems, with Qianxun's Spirit v1.5 model achieving top rankings in evaluations and Zhujidi's LimX COSA system integrating high-level cognition with full-body control [2][28]. - The report emphasizes the importance of capital investment in driving technological innovation and market expansion within the robotics sector, as evidenced by substantial funding rounds for companies like Zivariable Robotics and Skild AI [3][31][17]. Summary by Sections 1. Robotics - The robotics sector is witnessing a surge in activity, with a focus on commercializing embodied intelligence and enhancing operational capabilities across various industries [9][10]. - Significant partnerships, such as the collaboration between Xingdong Jiyuan and SF Technology, aim to advance logistics automation through intelligent robotic solutions [3][36]. 1.1 Industry Dynamics - Recent policy shifts are steering the industry towards commercialization, with initiatives like Zhejiang's new industrialization plan emphasizing the development of humanoid robots and their core components [10][11]. - The report notes a growing trend of companies establishing strategic collaborations to enhance their technological capabilities and market reach [37]. 1.2 Main Body - Qianxun Intelligent's Spirit v1.5 model has achieved a breakthrough in performance, becoming the first model to exceed a 50% success rate in evaluations, and is now open-sourced for community development [26]. - Zhujidi Dynamics has launched the LimX COSA system, which merges cognitive functions with physical control, enabling robots to perform complex tasks autonomously [28]. - Zivariable Robotics has secured 1 billion yuan in funding to enhance its general-purpose robotic models and expand its operational capabilities in high-value scenarios [31]. 1.3 Core Components - The report highlights ongoing investments in core components and technologies essential for the robotics industry, including advancements in sensors and control systems [36]. - Companies like Shafler and Jiangsu Huaxuan are forming strategic partnerships to innovate in humanoid robot components, indicating a robust ecosystem for technological development [37].

Core Viewpoint - The company has launched a dual-mode electronic skin that can sense both pressure and temperature, and it has begun customer testing with samples [2] Group 1 - The company has released a new product called the "dual-mode electronic skin" which can detect both pressure and temperature [2] - The electronic skin is currently in the testing phase with customers, indicating a step towards commercialization [2] - The company advises stakeholders to refer to its periodic reports and announcements for detailed business information [2]