Core Viewpoint - Ruixin Holdings (01399) is expected to report 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 approximately RMB 5.5 million in the same period last year [1] Group 1: Financial Performance - The company anticipates a significant decline in net profit, shifting from a profit of RMB 5.5 million to a loss of RMB 14.5 million year-on-year [1] - ODM business accounts for over 90% of the company's sales revenue, primarily driven by the smartphone market within the consumer electronics sector [1] - Overall sales volume of ODM battery products increased by approximately 5% year-on-year, but revenue did not see a corresponding increase due to a general decline in selling prices [1] Group 2: Cost Structure and Management Strategy - Despite an improvement in overall gross margin for ODM products compared to the previous year, a substantial rise in administrative expenses led to the net loss [1] - Increased administrative expenses are attributed to higher costs in 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 the rise in expenses will only have a temporary impact on the company's operating profit, supporting sustainable business development in the future [1]
锐信控股(01399)发盈警 预计中期取得股东应占净亏损约1450万元 同比盈转亏