MeiG(SZ:002881) news flash·2025-04-11 10:52Core Viewpoint - Megvii Technology (002881) expects a significant increase in net profit for Q1 2025, driven by growth in product shipments in smart automotive, 5G FWA, and overseas IoT sectors [1] Financial Performance - The projected net profit attributable to shareholders is between 40 million to 52 million yuan, representing a year-on-year growth of 518.53% to 704.09% [1] - The net profit after deducting non-recurring gains and losses is estimated to be between 38.7 million to 50.7 million yuan, with a year-on-year increase of 658.97% to 894.31% [1] - Basic earnings per share are expected to be between 0.15 yuan and 0.20 yuan [1] Growth Drivers - The growth in performance is primarily attributed to the rapid increase in product shipments in the smart automotive sector, advancements in high-performance modules for edge AI applications, and balanced development in both domestic and international markets [1] - The impact of non-recurring gains and losses on the current net profit is estimated to be around 1.3 million yuan, mainly from government subsidies [1]