景嘉微：预计2025年净利润亏损1.2亿元—1.8亿元

Core Viewpoint - Jingjia Micro (300474) expects a net loss of 120 million to 180 million yuan for 2025, compared to a loss of 165 million yuan in the same period last year [1] Group 1: Financial Performance - The company is focusing on building a product matrix centered around "GPU + edge-side AISoC chips" to strengthen its domestic computing power foundation [1] - R&D expenses remain high due to long project cycles and significant upfront investments, leading to short-term profitability pressure [1] - The addition of a new subsidiary, Wuxi Chengheng Microelectronics Co., Ltd. (referred to as "Chengheng Micro"), is included in the consolidated financial statements, impacting net profit attributable to shareholders [1] Group 2: R&D and Strategic Focus - The company is increasing R&D investment to create a closed-loop computing power system covering "cloud-edge-end" [1] - Chengheng Micro is still in the development phase with substantial R&D investments, which negatively affect the net profit attributable to shareholders [1] - Excluding the impact of Chengheng Micro, the net profit attributable to shareholders is expected to show a reduction in losses [1]