云涌科技(688060.SH)：预计2025年度同比亏损收窄58.11%到72.07%

Core Viewpoint - YunYong Technology (688060.SH) expects a significant reduction in net losses for the fiscal year 2025, indicating improved financial performance compared to the previous year [1][2]. Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company ranging from -14.7 million to 9.8 million yuan for 2025, which represents a reduction in losses by 20.39 million to 25.29 million yuan, a year-on-year loss narrowing of 58.11% to 72.07% [1]. - The expected net profit, excluding non-recurring gains and losses, is projected to be between -17.55 million and -11.7 million yuan, with a reduction in losses by 20.91 million to 26.76 million yuan, reflecting a year-on-year loss narrowing of 54.36% to 69.58% [1]. Business Growth Drivers - The significant narrowing of losses is attributed to substantial growth in the domestic platform general equipment and XinChuang business, as well as successful market expansion and product delivery in the new energy sector [2]. - The company has improved its organizational structure, enhanced expense management, and strengthened its analysis of product demand and industry development, leading to a slight reduction in R&D expenses compared to the previous year [2]. - Efforts to enhance inventory and production management have effectively increased the utilization rate of raw materials, resulting in a significant decrease in the provision for inventory impairment compared to the previous year [2].