安凯微：2025年净亏1.39亿元

Core Viewpoint - The company reported a slight increase in revenue for 2025, but faced significant net losses due to competitive pressures in the industry [1] Financial Performance - The company achieved an operating revenue of 536.96 million yuan in 2025, representing a year-on-year increase of 1.87% [1] - The net profit attributable to the parent company was -139.24 million yuan, with a net profit excluding non-recurring gains and losses of -142.99 million yuan [1] - Basic earnings per share were -0.36 yuan, and the weighted average return on equity was -10.21% [1] Market Dynamics - The company experienced growth in chip shipments compared to the same period last year, benefiting from sustained market demand and successful introduction of new products [1] - Despite the revenue increase, the company faced ongoing price pressure on certain product lines due to persistent competition in the industry [1] - There was a slight easing of price pressure in the fourth quarter of 2025, but the overall gross profit for the year declined year-on-year [1]