震有科技：2025年净利润同比下降327.94%

Core Viewpoint - The company reported a decline in both revenue and net profit for the year 2025, indicating significant challenges in its traditional communication business despite growth in its core network system business [1] Financial Performance - The company achieved an operating revenue of 876.18 million yuan in 2025, a decrease of 7.93% compared to the previous year [1] - The net profit attributable to the parent company was -62.54 million yuan, reflecting a substantial decline of 327.94% year-on-year [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was -77.65 million yuan, marking a drastic decrease of 996.98% compared to the same period last year [1] Business Segments - The core network system business experienced growth during the reporting period [1] - The traditional communication business faced significant pressure, contributing to the overall decline in revenue and gross margin [1]