茂硕电源(002660) - 2025 Q4 - 年度业绩预告

Financial Performance - The company expects a net profit of approximately -24,000 million CNY for the year 2025, compared to -19,000 million CNY in the same period last year[4] - The net profit after deducting non-recurring losses is projected to be -25,000 million CNY, down from -20,000 million CNY year-over-year[4] - Basic earnings per share are expected to be -0.6730 CNY, compared to -0.5328 CNY in the previous year[4] Market and Operational Challenges - The decline in net profit is attributed to market competition affecting product pricing strategies and strategic adjustments in newly cultivated businesses[6] - Some photovoltaic power plants experienced a year-over-year decrease in electricity generation due to grid conditions and electricity usage[6] - The company is actively addressing after-sales issues for consumer power products and has made provisions for related liabilities[6] Technological Advancements and Strategic Focus - Significant breakthroughs have been achieved in core technologies for high-power density power supplies, printer high-voltage integrated bare board power supplies, and 5G communication power supplies[7] - The company plans to continue focusing on core power business, increasing R&D investment, and enhancing product innovation to improve market competitiveness[7] Investor Awareness - The financial data presented is preliminary and will be detailed in the company's 2025 annual report, highlighting the need for investors to be aware of investment risks[8]