2026-01-22 08:20Financial Performance - The company expects a net profit attributable to shareholders of approximately 10 million to 15 million yuan for the year 2025, marking a turnaround from previous losses [3]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -259 million and -254 million yuan for 2025 [3]. - In the previous year, the net profit attributable to shareholders was -188.85 million yuan, indicating a significant improvement in performance [5]. Business Operations - The company completed the equity transfer of its joint venture, Nanjing Ericsson Panda Communication Co., which contributed positively to the net profit [7]. - The smart manufacturing and power communication businesses are undergoing a transitional adjustment period, with new customer expansion not meeting expectations, impacting profitability [7]. - The company conducted impairment tests on relevant assets, leading to the recognition of credit impairment losses and asset impairment losses, affecting net profit [7]. Forecast and Risks - The earnings forecast is based on preliminary calculations and has not yet been audited by certified public accountants, highlighting potential risks [8]. - Investors are advised to consider the preliminary nature of the forecast data, which will be finalized in the audited annual report for 2025 [9].