景嘉微(300474.SZ)发预亏，预计2025年度归母净亏损1.2亿元至1.8亿元

Core Viewpoint - The company Jingjia Micro (300474.SZ) forecasts a net loss attributable to shareholders of between 120 million to 180 million yuan for the fiscal year 2025, primarily due to high R&D investments and slow receivables collection [1] Group 1: Financial Performance - The expected net loss for the year is between 120 million to 180 million yuan [1] - The company has faced increased credit impairment losses due to a rise in accounts receivable and changes in the aging structure [1] Group 2: R&D and Product Development - The company is focusing on building a product matrix centered around "GPU + edge-side AISoC chips" to strengthen its domestic computing capabilities [1] - High R&D expenditures are maintained due to the long project cycles and significant upfront investments, which are impacting short-term profitability [1] Group 3: Subsidiary Impact - The addition of the newly controlled subsidiary Wuxi Chengheng Microelectronics has been included in the consolidated financial statements, contributing to the net loss [1] - The business of Chengheng Micro is still in the development phase, leading to substantial R&D investments that affect the net profit attributable to shareholders [1]