SLPT(SH:603178)2026-01-23 07:50Financial Performance - The company expects a net loss attributable to shareholders for 2025 to be between -181.36 million yuan and -219.09 million yuan, with a net loss after deducting non-recurring gains and losses estimated between -196.45 million yuan and -234.19 million yuan [3]. - In the same period last year, the net profit attributable to shareholders was 29.75 million yuan, and the net profit after deducting non-recurring gains and losses was -35.32 million yuan [5]. - The performance forecast is based on preliminary calculations by the finance department and has not yet been audited by registered accountants [7]. - There are currently no significant uncertainties affecting the accuracy of the performance forecast [7]. - The forecast data is preliminary and the final financial data will be disclosed in the official 2025 annual report [8]. Profitability Challenges - The decline in profitability is attributed to changes in product sales structure, with a rapid increase in the proportion of new energy products leading to decreased gross margins due to production fluctuations and intense industry competition [6]. - Additional costs from relocating the North American factory and increased temporary inventory costs have significantly impacted the financials for the year [6]. - The company has made provisions for asset impairment based on cautious principles due to intensified competition in the automotive market and expectations of profitability for certain products [6]. R&D and Expenses - The company has increased R&D investment in key projects such as electronic pumps and high-pressure pumps, which, along with fluctuations in the US dollar exchange rate, have raised overall expenses [6].