QCIOT(SH:688528) Zheng Quan Shi Bao Wang·2026-01-14 08:35Core Viewpoint - Qin Chuan IoT (688528) expects a net profit loss attributable to the parent company of 100 million to 120 million yuan for the fiscal year 2025, compared to a loss of 65.2365 million yuan in the same period last year [1] Group 1: Financial Performance - The company anticipates a significant increase in net loss for 2025, projecting a loss of 100 million to 120 million yuan [1] - The previous year's loss was recorded at 65.2365 million yuan, indicating a worsening financial outlook [1] Group 2: Market Conditions - The decline in sales volume and average selling price of IoT smart gas meters is attributed to intensified domestic market competition [1] - Despite challenges in the domestic market, revenue from the overseas gas meter market and the smart sensor segment has seen growth during the reporting period [1] Group 3: Business Development - The related businesses are in a critical stage of market development, with low initial bases and long customer onboarding cycles, which have not yet resulted in economies of scale during the reporting period [1]