VITI(SH:603023)2026-01-27 09:30Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between CNY 2.47 million and CNY 3.70 million, a decrease of CNY 1.36 million to CNY 2.59 million compared to the same period last year, representing a year-on-year decline of 26.81% to 51.14%[3]. - The expected net profit after deducting non-recurring gains and losses is projected to be between CNY 2.08 million and CNY 3.10 million, a decrease of CNY 1.05 million to CNY 2.07 million compared to the previous year, reflecting a decline of 25.35% to 49.91%[6]. - The total profit for the previous year was CNY 4.52 million, with a net profit attributable to shareholders of CNY 5.06 million and a net profit after deducting non-recurring gains and losses of CNY 4.15 million[7]. Factors Affecting Profitability - The decline in net profit is attributed to the introduction of new passenger car electronic products and optical injection molded parts with lower gross margins, reduced bank interest income due to a decrease in deposit principal and falling interest rates, and increased expenses from the consolidation of new subsidiaries[8]. - The company recorded goodwill of CNY 25.48 million from the acquisition of Anhui Alpha Silicon New Energy Co., Ltd., which has underperformed, raising concerns about potential goodwill impairment that could lead to a negative net profit[4]. Risks and Uncertainties - If the net profit turns negative, combined with the company's operating revenue being below CNY 300 million, there is a risk of stock delisting warnings after the 2025 annual report disclosure[9]. - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by certified public accountants, indicating a level of uncertainty[9]. - Investors are advised to pay attention to investment risks due to the preliminary nature of the forecast data, which will be finalized in the audited 2025 annual report[11]. Audit and Compliance - The company has communicated with its annual audit accounting firm regarding the accounting treatment of the aforementioned matters and will follow up based on subsequent developments[10].