瀛通通讯(002861.SZ)：预计2025年净亏损6500万元-7500万元

Core Viewpoint - Yingtong Communications (002861.SZ) expects a net profit attributable to shareholders of the listed company to be between -75 million and -65 million yuan for 2025, with a net profit excluding non-recurring gains and losses expected to be between -85 million and -75 million yuan [1] Group 1: Financial Performance - The company anticipates a loss in net profit for the reporting period due to intense market competition within the industry [1] - Revenue scale has increased, but the overall size remains small, leading to high fixed costs per unit of revenue [1] - The increase in depreciation expenses from converting some construction projects into fixed assets has resulted in higher management costs compared to the previous year [1] Group 2: Strategic Investments - The company has increased market investment and team building to enhance brand development and awareness, which has led to a corresponding rise in sales expenses [1]