Core Viewpoint - AVIC's subsidiary, AVIC Optoelectronics, reported a total operating revenue of RMB 21.301 billion for the fiscal year 2025, reflecting a year-on-year growth of 2.98%. However, the net profit attributable to shareholders decreased significantly by 36.69% to RMB 2.124 billion, primarily due to external market price pressures and rising costs of raw materials [1]. Financial Performance - Total operating revenue reached RMB 21.301 billion, marking a 2.98% increase compared to the previous year [1] - Profit before tax amounted to RMB 2.664 billion, showing a decline of 29.24% year-on-year [1] - Net profit attributable to shareholders was RMB 2.124 billion, down 36.69% from the previous year [1] Market Conditions - The decline in net profit is attributed to ongoing external market price pressures and the rising costs of upstream bulk materials [1]