WXLH(SZ:300694) Ge Long Hui A P P·2026-01-28 09:25Core Viewpoint - The company expects a significant increase in net profit for the year 2025, primarily driven by non-recurring gains, despite a decline in operating revenue and net profit from regular operations due to various challenges [1] Financial Performance - The company forecasts a net profit attributable to shareholders of 110 million to 130 million yuan for the year 2025, representing a year-on-year growth of 98.12% to 134.14% [1] - The net profit after deducting non-recurring gains is expected to be between 13 million and 18 million yuan, indicating a decline of 77.29% to 68.56% compared to the previous year [1] Reasons for Performance Changes - The company's products are primarily used in the traditional fuel vehicle sector, facing intensified market competition and pressure on export business, leading to a decrease in overall operating revenue and gross profit for 2025 [1] - Rising raw material prices and the impact of relocating the Huazhuang factory and commissioning a new facility have negatively affected the net profit for 2025 [1] - The company has a high proportion of foreign sales, primarily settled in US dollars, and the increased volatility of the dollar exchange rate has heightened foreign exchange risks, resulting in increased exchange losses [1] - The completion and acceptance of land and buildings at No. 2 Huayi Road, Wuxi, during the reporting period has led to a recognition of disposal gains, after taxes, contributing approximately 108 million to 110 million yuan to profits, which is classified as a non-recurring gain and is a major factor in the projected net profit growth for 2025 [1]