Minami(SZ:301383) Ge Long Hui A P P·2026-01-21 10:18Core Viewpoint - Tianjian Co., Ltd. (301383.SZ) expects a net loss of 28 million to 20 million yuan for 2025, with a non-recurring net loss of 48 million to 38 million yuan, and projected operating revenue of 1.8 billion to 1.9 billion yuan [1] Summary by Relevant Categories Financial Performance - The company anticipates a net loss of 28 million to 20 million yuan for 2025 [1] - The expected non-recurring net loss is between 48 million to 38 million yuan [1] - Projected operating revenue is estimated to be between 1.8 billion to 1.9 billion yuan [1] Reasons for Loss - The primary reasons for the expected net loss include: 1. Increased overseas production capacity and relocation of some production projects to Malaysia due to significant changes in the international trade environment, resulting in additional expenses and production efficiency losses [1] 2. Continuous increase in R&D investment to expand new customer bases and product lines [1] 3. A significant decrease in exchange gains due to unfavorable fluctuations in the USD to RMB exchange rate, as the company's overseas sales are primarily settled in USD [1]