Flying Technology(SH:603488) Di Yi Cai Jing·2026-01-12 09:27Core Viewpoint - The company expects to report a net loss attributable to shareholders for the fiscal year 2025, primarily due to adverse market conditions affecting its elevator door control systems and military simulation systems businesses [2] Group 1: Elevator Door Control Systems - The real estate market is anticipated to remain sluggish in 2025, leading to decreased demand for elevator and accessory products [2] - Intense price competition is expected to significantly reduce the gross profit margin of the company's elevator door system products, adversely impacting overall profitability [2] Group 2: Military Simulation Systems - The subsidiary Beijing Lingwei Military Technology Co., Ltd. is projected to underperform due to market conditions and industry-specific challenges, which will negatively affect the company's overall performance [2] - The anticipated underperformance may lead to goodwill impairment for the company [2]