北交所上市橡企，披露业绩

Core Insights - The company is actively overcoming external challenges such as changes in international trade, declining oil prices, and intensified market competition while adhering to its development strategy of "innovation leading, altruism gathering energy" [1] - For 2025, the company expects to achieve operating revenue of 464 million yuan, a year-on-year decrease of 4.10%, and a net profit attributable to shareholders of 64.54 million yuan, a year-on-year decrease of 36.40% [1] Group 1 - The company's analysis indicates that the core product sales in the fluid pipeline sector, specifically the oil pipe series, have declined, leading to a decrease in overall operating revenue and comprehensive gross margin, as well as a drop in net profit [3] - In 2025, the company has established the mission of "making fluid technology benefit billions of people" and has built four major business pillars: high polymer materials, fluid pipelines, ultra-high pressure equipment, and application services, promoting the company into a new stage of high-quality development [3] - The company successfully completed a strategic transformation from "manufacturing + service" to "R&D + manufacturing + service," forming a research and development system of "one institute and four schools," which further strengthens the technical capabilities of the ultra-high pressure fluid technology innovation research institute [3]