恒玄科技(688608) - 2025 Q2 - 季度业绩预告

Announcement Overview This section outlines the voluntary disclosure announcement from BES Technology (Shanghai) Co., Ltd. on its preliminary H1 2025 financial forecast Company Information and Announcement Type This voluntary disclosure from BES Technology (Shanghai) Co., Ltd. provides a preliminary H1 2025 financial performance forecast for investors - BES Technology (Shanghai) Co., Ltd. issued a voluntary disclosure announcement for its 2025 semi-annual performance forecast[1] I. Current Period Performance Forecast This section details the company's preliminary financial performance forecast for the first half of 2025, including key financial indicators and their expected growth rates (I) Performance Forecast Period This performance forecast covers the period from January 1, 2025, to June 30, 2025 - The performance forecast period is from January 1, 2025, to June 30, 2025[2] (II) Performance Forecast Details The company anticipates significant growth in H1 2025 revenue, net profit attributable to shareholders, and non-recurring net profit Key Financial Indicators for H1 2025 Performance Forecast | Indicator | Estimated Amount (Billion Yuan) | Year-on-Year Growth (%) | Year-on-Year Increase (Million Yuan) | | :----------------------------------------- | :---------------------- | :---------------------- | :----------------------------------- | | Operating Revenue | 1.938 | 26.58 | 407 | | Net Profit Attributable to Parent Company Shareholders | 0.305 | 106.45 | 157 | | Net Profit Attributable to Parent Company Shareholders Excluding Non-Recurring Items | 0.284 | 153.37 | 172 | (III) Unaudited Performance Forecast The preliminary performance forecast data has not been audited by a certified public accountant - This performance forecast has not been audited by a certified public accountant[4] (IV) Future Disclosure Standards for Semi-Annual Performance The company will subsequently disclose its semi-annual operating results in accordance with annual performance forecast disclosure standards - The company will subsequently disclose its semi-annual operating results in accordance with annual performance forecast disclosure standards[4] II. Prior Period Performance This section presents the actual financial data for the first half of 2024 for comparative analysis 2024 Semi-Annual Performance Data Actual financial data for the first half of 2024 is provided as a baseline for comparison with the current forecast Key Financial Indicators for H1 2024 | Indicator | Amount (Billion Yuan) | | :----------------------------------------- | :-------------------- | | Operating Revenue | 1.531 | | Net Profit Attributable to Parent Company Shareholders | 0.148 | | Net Profit Attributable to Parent Company Shareholders Excluding Non-Recurring Items | 0.112 | III. Main Reasons for Performance Changes in Current Period This section explains the primary factors contributing to the anticipated changes in operating revenue and net profit for the first half of 2025 1. Reasons for Operating Revenue Growth Operating revenue growth is primarily driven by the expanding smart wearable market and increased market share, despite a Q2 slowdown due to supply chain adjustments - The smart wearable market continues to grow, and the company's market share is steadily increasing[7] - Government subsidies stimulated consumer demand, particularly evident in Q1[7] - Supply chain adjustments in H1 negatively impacted Q2 shipment pace[7] 2. Reasons for Net Profit Growth and Q2 Impact Net profit growth is attributed to rapid revenue increase and improved gross margin, though high Q2 R&D expenses led to a slight quarterly decline - Operating revenue achieved relatively fast year-on-year growth[7] - The comprehensive gross margin for H1 was approximately 39.3%, a year-on-year increase of 6.1 percentage points[7] - Q2 research and development expenses were high, accounting for approximately 24.1% of sales revenue, representing a significant year-on-year increase, leading to a slight decline in Q2 net profit[7] IV. Risk Warning This section highlights potential risks related to the accuracy of the performance forecast Risk of Performance Forecast Accuracy The company has not identified any significant uncertainties that could impact the accuracy of this performance forecast - The company has not yet identified any significant uncertainties that could affect the accuracy of this performance forecast[8] V. Other Explanatory Matters This section clarifies the preliminary nature of the forecast data and advises investors on associated risks Nature of Data and Investment Risk Warning The forecast data is preliminary, and investors are cautioned to consider investment risks, with final data subject to the official H1 2025 report - The forecast data is preliminary, and the specific accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report[9] - Investors are kindly reminded to pay attention to investment risks[9] Conclusion This section provides details regarding the official signing and release of the announcement Announcement Signature This announcement was issued by the Board of Directors of BES Technology (Shanghai) Co., Ltd. on July 15, 2025 - The Board of Directors of BES Technology (Shanghai) Co., Ltd. issued this announcement on July 15, 2025[10][11]