电连技术(300679.SZ)：预计2025年净利润同比下降56.13%—70.59%

Group 1 - The company expects a significant decline in net profit for 2025, projecting a range of RMB 183 million to RMB 273 million, which represents a decrease of 56.13% to 70.59% compared to the previous year [1] - The net profit after deducting non-recurring gains and losses is estimated to be between RMB 181 million and RMB 271 million, reflecting a decline of 55.70% to 70.41% year-on-year [1] Group 2 - The company anticipates substantial asset impairment and credit impairment losses, particularly related to its 21.17% stake in Dongguan Feite Semiconductor Co., which may face significant investment losses [2] - The company is also affected by the forced sale of its 80.2% stake in Future Technology Devices International Limited due to UK government security concerns, with potential losses exceeding RMB 200 million [2] - The overall gross profit margin has declined due to factors such as product price reductions, rising raw material costs, increased depreciation from new capacity, ongoing R&D investments, and foreign exchange losses [2]