昂瑞微(688790.SH):2025年预亏1.1亿元至1.5亿元

Core Viewpoint - Angrui Microelectronics (688790.SH) is expected to report a net loss attributable to shareholders of the parent company ranging from -110 million to -150 million yuan for the year 2025, with a net profit excluding non-recurring gains and losses projected between -130 million and -190 million yuan [1] Group 1: Financial Performance - The company anticipates a significant net loss for 2025 due to adjustments in procurement rhythms by some clients based on their terminal sales expectations and supply chain conditions [1] - The net realizable value of certain products has fallen below their book value, prompting the company to make impairment provisions for some inventory, which has negatively impacted current performance [1] Group 2: Strategic Adjustments - In pursuit of high-quality development, the company is strategically optimizing its customer and order structure, leading to a reduction in low-margin and highly competitive projects, which has affected overall performance [1] - The company plans to enhance market development efforts by expanding collaborations with existing RF front-end chip brand clients and accelerating the introduction of a full range of products [1] - There is a focus on increasing efforts in overseas market expansion to improve the company's overall competitiveness [1]