MustangBattery(SH:605378) Zheng Quan Ri Bao·2026-01-23 04:15Core Viewpoint - Zhejiang Yema Battery Co., Ltd. expects a significant decline in net profit for the year 2025, projecting a decrease of 58.00% to 70.00% compared to the previous year [2] Financial Performance - The company forecasts a net profit attributable to shareholders ranging from 45.83 million to 64.17 million yuan, a decrease of 88.61 million to 107 million yuan year-on-year [2] Reasons for Performance Decline - The decline in performance is attributed to increased market competition and industry development trends, leading to a decrease in sales prices for some products [2] - Rising commodity prices in the second half of the year have exerted additional cost pressure on the company [2] - Adjustments to export tax rebate policies at the end of 2024 have resulted in a lower export tax rebate rate for Yema Battery's products, increasing cost pressure in the export segment and reducing product gross margins [2] - Fluctuations in the RMB exchange rate have also negatively impacted the company's performance [2]