Financial Performance Forecast - The company expects a net loss attributable to shareholders of the parent company for 2025 to be between -97 million yuan and -77 million yuan, continuing the trend of losses from the previous year [2]. - The net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be between -110 million yuan and -90 million yuan for 2025 [2]. - In 2024, the net profit attributable to shareholders of the parent company was -38.55 million yuan, and the net profit after deducting non-recurring gains and losses was -52.62 million yuan [3]. Market Conditions - The decline in performance is attributed to a shrinking overall industry demand and intensified market competition, leading to reduced order profits and a decline in gross margins [4]. Strategic Initiatives - The company plans to increase R&D expenses in 2025 to strengthen long-term technological advantages and foster new growth curves [4]. - Operational expenses related to talent development and market expansion are also expected to rise in line with business growth and organizational upgrades [4]. - The company is implementing key measures to enhance product competitiveness, optimize product costs, and improve gross margins [5]. Risk Management - There is a systematic risk assessment of accounts receivable, contract assets, and inventory to reflect asset quality more prudently [5]. - The company has not identified any significant uncertainties that would affect the accuracy of the earnings forecast [6]. Investor Information - Investors are advised that the forecast data is preliminary and the final audited financial data will be disclosed in the official 2025 annual report [7].
碧兴物联(688671) - 2025 Q4 - 年度业绩预告