云涌科技(688060) - 2025 Q4 - 年度业绩预告

Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -14.7 million and -9.8 million yuan, representing a year-on-year loss reduction of 20.39 million to 25.29 million yuan, narrowing the loss by 58.11% to 72.07% compared to the previous year[3]. - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -17.55 million and -11.70 million yuan, with a year-on-year loss reduction of 20.91 million to 26.76 million yuan, narrowing the loss by 54.36% to 69.58% compared to the previous year[3]. - In 2024, the company reported a total profit of -50.51 million yuan and a net profit attributable to shareholders of the parent company of -35.09 million yuan[4]. Factors Contributing to Loss Reduction - The significant reduction in losses is attributed to substantial growth in the domestic general equipment and Xinchuang business, as well as successful market expansion and product delivery in the new energy sector[6]. - The company has improved its organizational structure and expense management, leading to a slight decrease in R&D expenses compared to the previous year[6]. - Inventory and production management have been strengthened, resulting in a significant reduction in the provision for inventory impairment compared to the previous year[6]. Audit and Evaluation - The performance forecast is based on preliminary calculations by the finance department and has not yet been audited by a registered accountant[7]. - The company has engaged a third-party evaluation agency to assess the net realizable value of inventory and the recoverable amount of goodwill assets, which may lead to differences in the final impairment provisions[7]. - The forecast data is preliminary and the final audited financial data will be disclosed in the official 2025 annual report[8]. - Investors are advised to pay attention to investment risks associated with the preliminary nature of the forecast[8].