Core Viewpoint - The company expects a net profit of 20.6 million yuan for the fiscal year 2025, representing a significant year-on-year decline of 70.66% [1] Financial Performance - The substantial change in the company's performance compared to the same period last year is primarily due to several factors [1] - In the previous year, the company recognized a value-added tax credit of approximately 26 million yuan, while this year the benefit is recorded as 0 yuan [1] - During the reporting period, the company increased its credit impairment losses by approximately 16 million yuan compared to the same period last year, reflecting a cautious approach [1] Market Conditions - The company experienced a decline in product gross margin year-on-year due to intensified market competition and other external environmental factors [1] Subsidiary Impact - The bankruptcy liquidation of the company's controlling subsidiary, Beijing Yuanlu Cultural Development Co., Ltd., resulted in a reduction of approximately 18 million yuan in net profit attributable to the shareholders of the listed company [1]
远程股份:预计2025年净利润同比下降70.66%