Core Viewpoint - Green Technology forecasts a significant decline in net profit for 2025, with expected net profit attributable to shareholders ranging from 40 million to 50 million yuan, representing a year-on-year decrease of 64.82% to 71.86% [1] Financial Performance - The company anticipates a net profit excluding non-recurring gains and losses of 2 million to 3 million yuan for 2025, reflecting a year-on-year decrease of 97.16% to 98.11% [1] - Total revenue for 2025 is projected to be approximately 998.40 million yuan, indicating growth in revenue despite the decline in net profit [1] Market Impact - The company's expansion in the U.S. market has been significantly hampered by high anti-dumping and countervailing duty rates of 119.39% and 31.45%, respectively, imposed by the U.S. Department of Commerce [1] - Revenue from the U.S. market is expected to be around 48.69 million yuan in 2025, a decrease of approximately 79.89% compared to 2024 [1] - Gross profit contribution from the U.S. market is projected to be about 12.07 million yuan, down by 42.00 million yuan from 2024 [1] Cost and Asset Management - The company faces rising labor and management costs due to the customized nature of its products in non-U.S. markets, which has negatively impacted profitability [1] - As a precautionary measure, the company plans to recognize asset impairment provisions totaling approximately 76.82 million yuan for the year, including inventory impairment of about 23.59 million yuan and accounts receivable impairment of approximately 52.41 million yuan [1]
绿通科技：2025年全年净利润同比预减64.82%—71.86%