Core Viewpoint - The company, Ruixin Holdings, anticipates a net loss attributable to shareholders of approximately RMB 14.5 million for the six months ending June 30, 2025, compared to a net profit of about RMB 5.5 million for the same period in 2024 [1] Group 1: Financial Performance - The company's sales revenue is primarily derived from its ODM business, with over 90% coming from the consumer electronics sector, particularly the smartphone market [1] - ODM battery product sales volume is expected to grow by approximately 5% year-on-year in the first half of 2025, but due to a general decline in selling prices, sales revenue did not show an increase [1] - Despite an improvement in overall gross margin for ODM products compared to the previous year, a significant rise in administrative expenses led to the net loss during the period [1] Group 2: Management Insights - The increase in administrative expenses is attributed to higher costs related to employee benefits, research and development, and technical services, aimed at enhancing employee retention and fostering innovation in industrial design and AI applications [1] - Management believes that these expenditures will only have a temporary impact on the company's operating profit and are essential for sustainable future business development [1]
锐信控股(01399.HK)盈警:预期中期公司拥有人应占综合净亏1450万元