孚能科技（赣州）股份有限公司2025年度业绩快报公告

Group 1 - The company's operating revenue for 2025 is approximately 9.08 billion yuan, representing a decrease of 22.23% compared to the previous year [2] - The net profit attributable to the parent company is approximately -767.36 million yuan, with a net profit excluding non-recurring gains and losses of approximately -797.51 million yuan, indicating a larger loss compared to the previous year [2] - Total assets at the end of 2025 amount to approximately 22.71 billion yuan, a decrease of 14.71% from the end of the previous year [3] Group 2 - The decline in operating revenue and increased losses are primarily due to several factors, including low gross profit and gross profit margin caused by new production bases still ramping up capacity, high fixed depreciation costs, and ongoing improvements in capacity utilization and product quality [4] - The company has increased efforts in market development and customer structure optimization, which, along with adjustments in customer settlement models and product updates, have temporarily impacted gross profit [4] - The reduction in domestic export tax rebates and increased U.S. tariffs on exports to China have also contributed to the decline in gross profit margin [5] Group 3 - The rise in research and development expenses is attributed to the company's ongoing investment in new products and technologies, including solid-state battery research [6] - The company has successfully optimized its financing structure, leading to a decrease in interest expenses and overall financial costs [7] - The company has made provisions for impairment on certain inventories and receivables based on a cautious approach [8]