Core Viewpoint - Guanshi Technology (605588) has successfully launched its 55nm new products and completed the process verification for 40nm technology, indicating progress in its technological capabilities [1] Group 1: Product Development - The company has achieved a cumulative revenue of approximately 15.45 million yuan from its photomask manufacturing project as of the end of November 2025 [1] - Terminal verification for the products is progressing in an orderly manner, showcasing the company's commitment to quality and performance [1] Group 2: Future Plans - For the 28nm production line, all related equipment is expected to be in place by the end of 2025, with plans to accelerate the construction of the production line to achieve early production of 28nm products [1] - The company will strictly adhere to disclosure obligations and will keep stakeholders informed through subsequent announcements regarding specific progress [1]

Group 1 - The core point of the article is that Guanshi Technology reported a total of 11,351 shareholders as of January 30, 2026 [2]

Core Viewpoint - The company, Guanshi Technology, currently does not export products to EU countries despite establishing connections with domestic and international clients in recent years [1] Group 1 - Investors inquired about the company's export activities to EU countries [1] - Guanshi Technology confirmed on the investor interaction platform that there are no current exports to EU countries [1]

Group 1 - The company, Crownstone Technology (605588.SH), currently has no products exported to EU countries [1]

Group 1 - The core point of the article is that Guanshi Technology (605588.SH) currently has no products exported to EU countries [1] Group 2 - The company has communicated this information through its investor interaction platform [1]

Group 1 - The core viewpoint of the news is that Guanshi Technology (605588.SH) has released its performance forecast for 2025, indicating an expected net loss for the year, which is an increase compared to the previous year [1] - For 2024, Guanshi Technology reported an operating income of 1.359 billion yuan, representing a year-on-year growth of 51.95%, but also a net loss attributable to shareholders of 15.45 million yuan, compared to a profit of 52.22 million yuan in the previous year [1] - The company anticipates a net profit attributable to shareholders for 2025 to be between -84 million yuan and -56 million yuan, with a net profit excluding non-recurring gains and losses expected to be between -102 million yuan and -68 million yuan [1] Group 2 - Guanshi Technology raised a total of 501 million yuan from its initial public offering, with a net amount of 456 million yuan after deducting issuance costs, which were primarily allocated for functional structural components, ultra-high-definition liquid crystal display panels, and a research and development center [2] - The total issuance costs for the IPO amounted to 45.23 million yuan, including underwriting fees of 30.07 million yuan [2] - The company plans to raise up to 700 million yuan through a specific issuance of stocks in 2026, with the net proceeds intended for a photomask manufacturing project and to supplement working capital [2]

Core Viewpoint - Guanshi Technology is forecasting a significant increase in net losses for the year 2025, with expected losses ranging from 84 million to 56 million yuan, compared to a loss of 15.46 million yuan in the same period last year [2] Financial Performance - The company anticipates a net profit attributable to shareholders, excluding non-recurring gains and losses, to be between -102 million and -68 million yuan, compared to -24.75 million yuan in the previous year [2] - The total profit for the previous year was -25.81 million yuan, with earnings per share recorded at -0.21 yuan [2] Reasons for Performance Decline - The primary reason for the anticipated performance decline is attributed to losses from the wholly-owned subsidiary, Ningbo Guanshi Semiconductor Co., Ltd. [2] - The semiconductor manufacturing project is still in the sample and verification stage, which has not yet generated significant sales revenue [2] - The transition of related machinery and equipment to fixed assets has led to a substantial increase in depreciation and amortization costs compared to the previous year, contributing to the overall increase in losses [2]

Group 1 - The company, Guanshi Technology, announced the receipt of a securities change registration certificate from the Shanghai branch of China Securities Depository and Clearing Corporation Limited [2] - The repurchase and cancellation involve 192,720 shares of restricted stock that have not been unlocked for 27 incentive recipients, which were repurchased and canceled on January 15, 2026 [2] - The company will proceed with the necessary business registration changes in accordance with the law [2]

Core Viewpoint - The company Guanshi Technology (605588.SH) expects a significant increase in net losses for the year 2025, projecting a loss of between 84 million to 56 million yuan, which is an expansion compared to the previous year [1] Financial Performance - The anticipated losses are primarily attributed to the company's wholly-owned subsidiary, Ningbo Guanshi Semiconductor Co., Ltd., which is currently in the sample and verification stage for its photomask manufacturing project [1] - The revenue from sales remains low, and as the company transitions its machinery and equipment to fixed assets, the depreciation and amortization costs have significantly increased compared to the previous year, contributing to the larger losses [1]

Group 1 - The company Guanshi Technology expects to report a net loss attributable to shareholders of the parent company ranging from 84 million to 56 million yuan for the year 2025, indicating an expansion of losses compared to the same period last year [1] - The primary reason for the performance change is the losses incurred by its wholly-owned subsidiary, Ningbo Guanshi Semiconductor Co., Ltd., which is in the sample and verification stage for its photomask manufacturing project, resulting in low sales revenue [1] - The increase in losses is further exacerbated by the significant rise in depreciation and amortization costs associated with the long-term assets as they are put into service, compared to the previous year [1]