LME(SH:688589) Xin Lang Cai Jing·2026-02-12 08:27Core Viewpoint - The company, Lihe Micro, announced a significant decline in its expected financial performance for 2025, primarily due to the impact of the smart grid market's procurement scale and pace on its electric grid segment [1] Financial Performance Summary - The projected revenue for 2025 is estimated to be between 340 million to 370 million yuan, representing a year-on-year decline of 32.58% to 38.05% [1] - The expected net profit attributable to the parent company is forecasted to be between 17 million to 22 million yuan, indicating a year-on-year decrease of 73.91% to 79.84% [1] - The non-recurring net profit is anticipated to be between 4.5 million to 6.5 million yuan, reflecting a substantial year-on-year drop of 91.39% to 94.04% [1] Market and Segment Analysis - The decline in performance is attributed to the electric grid segment's underperformance due to the smart grid market's procurement dynamics [1] - Despite the challenges in the electric grid sector, the company has increased its investment and focus on the non-electric grid Internet of Things (IoT) sector, which has seen revenue growth exceeding 30% [1]