美利信：预计2025年全年净亏损4.55亿元—6.80亿元

Core Viewpoint - The company, Meilixin, anticipates a significant net loss for the year 2025, projecting a loss of between 455 million to 680 million yuan, representing a year-on-year decrease of 177.72% to 315.05% [1] Financial Performance - The expected net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be a loss of 465 million to 690 million yuan [1] - The company’s automotive sector revenue is experiencing steady growth, while the telecommunications sector revenue remains relatively stable [1] Challenges and Factors Affecting Performance - The decline in overall operating profit compared to the previous year is attributed to several factors, including: - Initial capacity ramp-up at the Anhui company and the new factory in the United States - Rising raw material prices - Price reduction pressures from customers [1] - The company is also facing increased management expenses due to scale expansion and ongoing investments in research and development [1] Asset Impairment and Non-Recurring Gains - The company plans to recognize asset impairment provisions based on actual operating conditions and market changes, in accordance with relevant accounting standards [1] - The estimated impact of non-recurring gains and losses on the company's net profit is approximately 10 million yuan [1]