三变科技：2025年全年净利润同比预减85.10%—90.06%

Core Viewpoint - The company, Sanbian Technology, anticipates a significant decline in net profit for the year 2025, projecting a decrease of 85.10% to 90.06% compared to the previous year, primarily due to market competition and rising raw material costs [1] Financial Performance - The expected net profit attributable to shareholders for 2025 is projected to be between 12 million and 18 million yuan [1] - The net profit after deducting non-recurring gains and losses is expected to be between 4 million and 6 million yuan, reflecting a year-on-year decrease of 94.90% to 96.60% [1] Market Factors - The decline in profit is attributed to increased competition in the transformer market, particularly a reduction in orders for new energy products, leading to a contraction in revenue [1] - The continuous rise in the price of copper, a key raw material for the company, is expected to further squeeze the gross profit margin of its products [1]