LME(SH:688589) Zhi Tong Cai Jing·2026-01-30 13:06Core Viewpoint - Lihua Microelectronics (688589.SH) forecasts a significant decline in net profit for 2025, projecting a decrease of 6,233.67 million to 6,733.67 million RMB, representing a year-on-year drop of 73.91% to 79.84% [1] Group 1: Financial Performance - The company expects net profit attributable to shareholders to be between 17 million to 22 million RMB for 2025 [1] - The anticipated decline in profit is attributed to reduced bidding and procurement scale in the smart grid market [1] - The net profit and net profit excluding non-recurring gains and losses are both expected to decline due to increased R&D expenses [1] Group 2: Business Strategy - The company is focusing on strategic development by increasing the application of chip products in non-grid IoT sectors [1] - R&D investment in IoT-related areas has increased, with revenue from non-grid IoT-related operations growing by over 30% during the reporting period [1]