振华新材：预计2025年实现归属于母公司所有者的净利润-5亿元到-4亿元

Core Viewpoint - The company Zhihua New Materials is expected to report a net loss attributable to shareholders of the parent company for the year 2025, with projections ranging from -500 million to -400 million yuan, indicating a reduction in net loss compared to the previous year [1] Group 1: Financial Performance - The anticipated net loss represents a decrease in loss by 27.7063 million to 128 million yuan, reflecting a year-on-year reduction in loss margin of 5.25% to 24.2% [1] - The company's low capacity utilization has led to higher fixed costs per unit, including depreciation and labor, contributing to overall profit pressure [1] Group 2: Market and Product Dynamics - The decline in market demand for existing products and the lack of bulk orders for new products have negatively impacted financial performance [1] - The company is increasing its research and development investments in advanced technology areas, including sodium-ion battery cathode materials and solid-state battery materials, in addition to traditional lithium-ion battery cathode materials [1] - The rise in R&D expenses is a strategic move to maintain technological leadership and expand into new markets [1]