Zhong Guo Jing Ji Wang·2026-02-03 02:21Core Viewpoint - The company, YHLO (688575.SH), has projected a significant decline in net profit for the fiscal year 2025, estimating a decrease of 90.05% to 93.37% compared to the previous year, indicating potential challenges ahead for the company’s financial performance [1]. Financial Performance Summary - For the fiscal years 2022 to 2024, YHLO reported revenues of 3.981 billion, 2.053 billion, and 2.012 billion respectively [1]. - The net profit attributable to shareholders for the same years was 1.012 billion, 355 million, and 302 million respectively [1]. - The net profit excluding non-recurring gains for the years was 955 million, 220 million, and 287 million respectively [1]. - The net cash flow from operating activities for the years was 1.583 billion, -73.19 million, and 530 million respectively [1]. IPO and Fundraising Details - YHLO was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on May 17, 2021, with an initial public offering of 41 million shares at a price of 14.80 per share [1]. - The total funds raised amounted to 606.8 million, with a net amount of 541.33 million, which was 19.18 million less than originally planned [2]. - The company intended to use the raised funds for upgrading R&D centers, expanding production capacity, enhancing information systems, and marketing initiatives [2]. Shareholder Actions - On May 27, 2022, the company executed a stock split, converting every 10 shares into 14 shares and distributing a pre-tax dividend of 4 per share [3].