智通财经网·2026-01-30 03:20Core Viewpoint - Longpan Technology (02465) experienced a decline of over 4%, currently trading at HKD 11.59 with a transaction volume of HKD 38.30 million [1] Financial Performance - The company expects a net loss attributable to shareholders of approximately RMB 180 million to RMB 148 million for the fiscal year 2025, representing a significant reduction in losses compared to the previous year [1] - The anticipated net loss excluding non-recurring items for 2025 is projected to be around RMB 39.50 million to RMB 29.19 million [1] Business Impact Factors - The company's lithium iron phosphate cathode material business is affected by fluctuations in raw material lithium carbonate prices, resulting in low gross margins [1] - Additional impacts include inventory write-down losses and asset impairment, along with significant non-recurring gains and losses from financial liabilities such as minority shareholder buyback rights and convertible redeemable preferred shares [1]