帝科股份：预计2025年亏损2亿元–3亿元

Group 1 - Company expects a loss of 200 million to 300 million yuan in 2025, with a net profit attributable to shareholders (excluding non-recurring gains and losses) of 160 million to 240 million yuan, representing a decline of 63.56% to 45.34% year-on-year [1] - The performance fluctuation is mainly due to non-recurring gains and losses, with an estimated impact of approximately -400 million to -500 million yuan on net profit attributable to shareholders [1] - The company has implemented hedging operations through silver futures contracts to mitigate the risk of silver powder price fluctuations and has engaged in silver leasing to lower procurement costs [1] Group 2 - The company has increased investment in the storage sector and achieved an integrated industrial layout through the acquisition of Jiangsu Jingkai, enhancing competitiveness in chip application development, wafer testing, and chip packaging and testing [2] - The DRAM market has shown continuous improvement, with the storage chip business generating approximately 500 million yuan in revenue, significantly increasing both revenue scale and profitability, particularly achieving about 230 million yuan in revenue in the fourth quarter [2] - The company has established R&D and production centers in various regions, including Wuxi, Shanghai, Mianzhuz, Taiwan, and South Korea, and has sales centers in the US, Singapore, and Hong Kong to meet global customer demands for customized product development and high-quality delivery [2]