SUPCON Technology (SH:688777)2026-01-09 10:45Revenue Projections - The company expects 2025 annual revenue to be between CNY 763,977.38 million and CNY 844,396.05 million, a decrease of CNY 69,455.35 million to CNY 149,874.02 million, representing a year-on-year decline of 7.60% to 16.40%[3]. Profit Projections - The projected net profit attributable to the parent company for 2025 is expected to be between CNY 42,618.44 million and CNY 52,415.78 million, a decrease of CNY 59,282.89 million to CNY 69,080.24 million, reflecting a year-on-year decline of 53.07% to 61.85%[3]. - The expected net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be between CNY 32,762.93 million and CNY 40,294.64 million, a decrease of CNY 63,467.14 million to CNY 70,998.85 million, indicating a year-on-year reduction of 61.17% to 68.42%[3]. - The total profit for the previous year was CNY 119,847.01 million, with a net profit attributable to the parent company of CNY 111,698.67 million[4]. - The company reported earnings per share of CNY 1.42 for the previous year[5]. Performance Decline Factors - The decline in performance is primarily attributed to a slowdown in macroeconomic growth, weak downstream customer demand, and reduced income from bank wealth management and interest, along with increased exchange losses[7]. Business Focus and Innovations - The company is focusing on developing its industrial AI business, with innovations like the time series large model TPT gradually achieving commercial scale[7]. Forecast Accuracy and Investment Risks - There are no significant uncertainties affecting the accuracy of this earnings forecast[8]. - The forecast data is preliminary and subject to change pending the audited annual report for 2025[9]. - Investors are advised to be cautious regarding investment risks associated with the preliminary data[9].