汉王科技(002362) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company forecasts a 10% to 18% year-over-year increase in H1 2025 operating revenue, with net profit attributable to shareholders expected to remain a loss of 45 million CNY to 60 million CNY - The performance forecast covers the period from January 1, 2025, to June 30, 2025[3] Performance Forecast Summary | Item | Current Period (2025 H1 Forecast) | Prior Period (2024 H1) | | :--- | :--- | :--- | | Operating Revenue | 785.99 million CNY - 843.15 million CNY | 714.54 million CNY | | YoY Change | Growth 10% - 18% | - | | Net Profit Attributable to Parent Company Shareholders | Loss: -60.00 million CNY to -45.00 million CNY | Loss: -50.80 million CNY | | YoY Change | -18.10% to 11.42% | - | | Net Profit Excluding Non-recurring Gains and Losses | Loss: -70.00 million CNY to -50.00 million CNY | Loss: -55.02 million CNY | | YoY Change | -27.24% to 9.12% | - | | Basic Earnings Per Share | Loss: -0.2454 CNY/share to -0.1841 CNY/share | Loss: -0.2078 CNY/share | Communication with Accounting Firm The company has pre-communicated with its accounting firm regarding the performance forecast, finding no discrepancies, though the financial data remains unaudited - The financial data in this performance forecast is unaudited by the accounting firm, but the company has pre-communicated with them on related matters, with no discrepancies identified[4] Explanation of Performance Changes The company's overall revenue increased year-over-year due to strong sales of new products like digital painting and AI smart notebooks, but increased market promotion and high R&D investments led to continued net profit losses Sources of Revenue Growth Revenue growth is primarily driven by digital painting, AI smart notebooks and e-readers, and AI Korotkoff sound electronic blood pressure monitors, with AI smart notebooks and e-readers showing the most significant growth of 45%-55% year-over-year - Digital painting business sales revenue is expected to increase by 20%-25% year-over-year, driven by new product launches, with significant growth in domestic business[5] - AI smart notebook and e-reader business sales revenue is expected to increase by 45%-55% year-over-year, with gross profit growth exceeding expense growth and improved cash flow[5] - AI Korotkoff sound electronic blood pressure monitor sales revenue is expected to increase significantly year-over-year due to rising market recognition[5] Market Promotion Investment The company maintained high-intensity market promotion efforts to increase market share, particularly for AI Korotkoff blood pressure monitors and e-commerce festival activities, achieving top sales rankings for Hanvon e-readers during the JD 618 event - The company maintained high-intensity market sales promotion efforts to drive sales growth for products in their cultivation period and increase market share[6] - During the 2025 JD 618 e-commerce festival, Hanvon brand e-readers ranked first in total sales on JD's e-reader best-selling brand list and in both 10.3-inch and 6-inch categories[6] Research and Development Investment The company's R&D expenses increased year-over-year due to sustained high investment in technological innovation and product iteration, focusing on cutting-edge technologies like large models, bionic robots, and olfactory recognition to build long-term competitive advantages despite short-term profitability challenges - To maintain technological and product innovation and rapid iteration, the company continues to make high-intensity R&D investments, leading to a year-over-year increase in R&D expenses[7] - R&D investments primarily focus on cutting-edge technologies, including large model technology, bionic robot technology, and olfactory recognition technology, aiming to secure a first-mover technological advantage[7] Risk Warning The company advises investors that this performance forecast is a preliminary estimate by the finance department, and the final accurate financial data will be based on the officially disclosed 2025 semi-annual report, urging cautious investment decisions - This performance forecast is a preliminary estimation by the company's finance department, and the specific financial data will be subject to the company's officially disclosed 2025 semi-annual report[8]