燕东微：预计2025年净亏损3.4亿元~4.25亿元

Core Viewpoint - Yandong Microelectronics (688172.SH) forecasts a net loss attributable to shareholders of the parent company between 340 million and 425 million yuan for the fiscal year 2025, indicating a decline in profitability due to various market and operational challenges [1] Group 1: Financial Performance - The company expects a net loss of 340 million to 425 million yuan for 2025, reflecting a significant downturn in financial performance [1] - The anticipated decline in profit is attributed to the impact of the macroeconomic environment on consumer products, leading to market changes and increased competition [1] Group 2: Operational Factors - The decrease in profitability is also linked to rising research and development expenditures, an increase in personnel, and higher stock incentive amortization costs [1]