Wuhan Yifi Laser (SH:688646) Ge Long Hui·2026-01-26 12:24Core Viewpoint - ST Yifei (688646.SH) is expected to report a net loss attributable to shareholders of the parent company for the year 2025, with losses estimated between 48 million to 60 million yuan [1] - The company anticipates a net loss of 75 million to 90 million yuan when excluding non-recurring gains and losses [1] Group 1: Financial Performance - The company's net profit is projected to decline compared to the previous year due to intensified market competition and a decrease in product prices, particularly affecting the gross margin of lithium battery equipment [1] - A significant increase in impairment provisions is expected, as the company conducts comprehensive impairment testing on its assets, leading to a substantial reduction in net profit year-on-year [1] Group 2: Strategic Initiatives - In 2025, the company is in a critical phase of upgrading its "laser + intelligent equipment" platform, with increased investment in research and innovation [1] - The company is focusing on the integration of laser technology, intelligent equipment, and artificial intelligence, along with strategic investments in emerging technologies and new fields [1] - To improve profitability, the company plans to enhance operational efficiency, optimize costs, and strengthen accounts receivable collection efforts [2]