琏升科技：预计2025年净利润下降35.96%-9.36%

Core Viewpoint - The company expects a significant decline in net profit for the fiscal year 2025, projecting a loss between 150 million to 100 million yuan, which represents a year-on-year decrease of 35.96% to 9.36% [1] Company Summary - The anticipated operating revenue for 2025 is estimated to be between 370 million to 450 million yuan, with the adjusted operating revenue expected to be between 360 million to 440 million yuan [1] - The company is facing multiple challenges in 2025, including a deep adjustment period in the global photovoltaic industry, characterized by a phase of supply-demand imbalance, intense low-price competition, and a complex trade environment [1] - The competitive landscape is expected to intensify, putting further pressure on the company's performance and leading to anticipated losses [1]