Financial Performance Expectations - The company expects a net loss of between RMB 46 million and RMB 65 million for the fiscal year 2025, compared to a profit of RMB 8.06 million in the same period last year[3] - The net profit after deducting non-recurring gains and losses is projected to be a loss of between RMB 50 million and RMB 70 million, down from a profit of RMB 2.10 million in the previous year[3] Impairment and Provisions - The company anticipates a provision for inventory and accounts receivable impairment losses of approximately RMB 15 million due to significant operational risks faced by a key customer[5] - An estimated asset impairment of around RMB 20 million is expected for land use rights and buildings due to rental income not covering depreciation and operating costs[6] Market and Operational Challenges - The overall gross margin is expected to decline due to intensified market competition and changes in customer structure, leading to a higher proportion of low-margin products[7] - Increased financial expenses are anticipated due to higher interest expenses from increased bank loans and foreign exchange losses, alongside costs from a stock incentive plan[8] Strategic Focus - The company plans to optimize its business structure and enhance core profitability, focusing on risk management and internal controls to improve its financial performance in 2026[8]
显盈科技(301067) - 2025 Q4 - 年度业绩预告