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 company is facing challenges from structural changes in customer demand, inventory strategies, and rising material costs, leading to a lower realizable net value of certain products compared to their book value [1] - As a result of these factors, the company has made provisions for inventory impairment in accordance with relevant accounting standards, impacting its current performance [1] Group 2: Strategic Response - To address the anticipated challenges, the company plans to enhance market development efforts by expanding collaborations with existing RF front-end chip brand clients and accelerating the introduction of its full product range [1] - The company aims to strengthen its presence in emerging application scenarios such as industrial, medical, and automotive sectors while also increasing its focus on overseas market expansion to improve overall competitiveness [1]
昂瑞微：2025年预亏1.1亿元至1.5亿元