HQTI(SH:688281) 智通财经网·2026-02-13 09:12Core Viewpoint - Huajin Technology (688281.SH) reported a revenue of 1.251 billion yuan for the year 2025, reflecting a year-on-year growth of 9.83%, while the net profit attributable to the parent company decreased by 24.28% to 313 million yuan [1] Group 1 - The company is in a critical phase of product updates for its special functional materials, with an increasing proportion of revenue coming from trial-produced products [1] - The new model products have not yet achieved mass production due to factors such as process optimization, new production line debugging, and yield ramp-up, leading to higher trial production costs [1] - The price difference adjustment between some special functional materials and the final approved price has also impacted the company's revenue and profit for the year 2025 [1]