CLOUDWALK(SH:688327) Zheng Quan Shi Bao Wang·2026-01-27 10:41Core Viewpoint - The company Yuncong Technology (688327) expects a net profit loss attributable to shareholders of the parent company between 590 million to 490 million yuan for the fiscal year 2025, compared to a loss of 696 million yuan in the same period last year, indicating ongoing financial challenges despite revenue growth [1] Group 1: Financial Performance - The company reported an expected net profit loss of 590 million to 490 million yuan for 2025, an improvement from the previous year's loss of 696 million yuan [1] - Despite an increase in revenue scale, the company remains in a loss position during the reporting period [1] Group 2: Business Operations - The company's investment in core artificial intelligence technology research and development is a significant factor contributing to its financial performance [1] - The commercialization of related technologies is still in the early stages, requiring more time before revenue can fully cover R&D and operational costs [1] - The revenue share from computing power construction has increased, but this segment is still in the initial market expansion phase, leading to lower overall gross margin due to high hardware procurement costs [1]