Group 1 - The core viewpoint of the news is that Jinbai Ze (301041) has forecasted a decline in net profit attributable to shareholders for the year 2025, which is seen as a temporary phase during the company's business upgrade process rather than a long-term trend [1][3] - The increase in key raw material prices, such as gold salts, copper balls, and tin bars, has significantly impacted the cost structure of Jinbai Ze's mid-to-high-end products, contributing to the pressure on gross profit levels during the reporting period [1] - The company is undergoing a proactive investment phase aimed at enhancing its capabilities, particularly in new business structures like IPDM integrated design and manufacturing, which is expected to lay the groundwork for future business upgrades and service capacity expansion [2] Group 2 - Market analysts believe that the current performance pressure on Jinbai Ze reflects the challenges faced during the transition of its business model and capability upgrades, with expectations that improvements in delivery efficiency and customer structure will gradually enhance operational performance in future industry cycles [3] - Jinbai Ze is shifting from a traditional manufacturing-driven model to one that integrates manufacturing, services, and platforms, which requires upfront investment and may not be immediately reflected in financial statements [2] - The company's focus on engineering efficiency, delivery capabilities, and customer loyalty is becoming increasingly important for assessing long-term competitiveness, especially as demand in sectors like AI hardware and low-altitude economy is anticipated to grow in subsequent industry cycles [2]
新业务投入持续加大 金百泽"制造+服务+平台"夯实服务产业发展能力基础