Hi-Trend Technology (Shanghai) (SH:688391)2026-01-30 10:40Financial Projections - The company expects 2025 annual revenue to be between 530 million and 550 million CNY, a decrease of 41.87 million to 61.87 million CNY, representing a year-on-year decline of 7.07% to 10.45%[3] - The projected net profit attributable to shareholders for 2025 is estimated to be between 38 million and 50 million CNY, down by 43.59 million to 55.59 million CNY, reflecting a year-on-year decrease of 46.58% to 59.40%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 10 million and 20 million CNY, a reduction of 32.55 million to 42.55 million CNY, indicating a year-on-year decline of 61.94% to 80.97%[3] - The 2024 annual revenue was reported at 591.87 million CNY, with a net profit of 93.59 million CNY and a net profit after deducting non-recurring gains and losses of 52.55 million CNY[4] Performance Decline Factors - The decline in performance is attributed to a decrease in shipment volumes of metering chips and MCU chips due to project cycle adjustments in the smart meter sector and industry destocking[5] - Financial income from wealth management products has decreased by about 8 million CNY due to a reduction in the company's capital scale[5] R&D Investment - The company has increased R&D investment in smart grid chips by approximately 5 million CNY compared to the previous year to adapt to market changes[5] Forecast and Risks - The performance forecast has not been audited by registered accountants, and the company has not identified any significant uncertainties affecting the accuracy of the forecast[6] - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report[7] Announcement Details - The announcement was made by the board of directors of the company on January 31, 2026[9]