路畅科技：预计2025年净亏损7500万元-1.1亿元

Core Viewpoint - The company expects a net loss attributable to shareholders of 75 million to 110 million yuan in 2025, compared to a loss of 55.41 million yuan in the same period last year [1] Group 1: Financial Performance - The automotive electronics business revenue is expected to grow year-on-year due to the release of orders from designated projects by OEMs [1] - The overall gross margin is declining due to intensified industry competition [1] Group 2: Investment and Expenses - The company is increasing investment in research and development as well as sales to capture and expand market share [1] - Research and sales expenses have increased year-on-year [1] Group 3: Subsidiary Performance - The subsidiary Nanyang Changfeng's profit margin has decreased due to rising upstream raw material prices and intense competition in the downstream market [1] - The company completed the transfer of 100% equity in Nanyang Changfeng on June 30, 2025, and will no longer consolidate its financials [1]