淳中科技：2025年净利润同比预增208.86%—238%

Core Viewpoint - The company, Chunzhen Technology, forecasts a significant decline in revenue for 2025, while expecting a substantial increase in net profit due to specific investment gains [1] Revenue Forecast - For the fiscal year 2025, the company anticipates revenue between 350 million to 370 million yuan, representing a year-on-year decrease of 29.29% to 25.25% [1] - The decline in revenue is attributed to a significant drop in shipment volumes for customized liquid cooling testing platforms and a 95% decrease in revenue from artificial intelligence business compared to the previous year [1] Profit Forecast - The company expects net profit attributable to shareholders to be between 265 million to 290 million yuan, with a year-on-year increase of 208.86% to 238% [1] - This increase in net profit is primarily driven by a projected fair value change gain of 356 million yuan from an investment in Muxi shares, which will positively impact net profit after considering deferred income tax expenses [1] Business Challenges - The traditional professional audio-visual business did not meet expectations, leading to a decline in new orders compared to the previous year [1] - The company faced challenges due to material changes and product iterations from overseas clients, which contributed to the overall revenue decline [1]