POWER HF(SH:605100)2026-01-29 07:50Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2025 to be between CNY 25.50 million and CNY 31.50 million, representing a year-on-year decrease of 57.19% to 65.35%[3]. - The expected net profit after deducting non-recurring gains and losses is projected to be between CNY 21.50 million and CNY 27.50 million, a decrease of 59.69% to 68.48% compared to the previous year[4]. - The previous year's net profit attributable to shareholders was CNY 73.59 million, with a total profit of CNY 79.19 million[5]. - The company has not identified any major uncertainties that could affect the accuracy of the performance forecast[7]. - The forecast data is preliminary and has not been audited by an accounting firm, with final figures to be disclosed in the official 2025 annual report[7]. Market and Operational Challenges - The decline in performance is primarily due to reduced demand in the heavy truck market, leading to a significant drop in component revenue[6]. - The company has not yet established a business in new energy heavy truck components, which has hindered revenue support from this growing segment[6]. - Operational income from the Indian subsidiary has decreased due to strategic adjustments by a key client and changes in visa policies affecting business operations[6]. - There has been an increase in credit impairment losses related to accounts receivable compared to the previous year[6]. - A reduction in sales orders and lower capacity utilization have contributed to increased unit manufacturing costs[6].