Ju Chao Zi Xun·2026-03-17 03:08Core Viewpoint - The announcement indicates that the company has been selected by GAC Group to develop and supply power batteries, marking a significant recognition of its SPS battery products in the market [2] Group 1: Partnership and Product Development - The company's wholly-owned subsidiary, Guangzhou Funeng Technology Co., Ltd., has received a "Designation Development Notice" from GAC Group [2] - GAC Group forecasts that the company will begin supplying batteries in the first half of 2027 [2] - The project will utilize the SPS (Super Punch Solution) design for lithium iron phosphate power batteries, indicating a breakthrough in the new energy passenger vehicle sector [2] Group 2: Financial Performance and Production Capacity - The company has issued a profit forecast for 2025, expecting a net loss attributable to shareholders of between -830 million yuan and -580 million yuan [2] - The net profit, excluding non-recurring gains and losses, is projected to be between -861.8 million yuan and -611.8 million yuan [2] - The company’s two new production bases are still in the ramp-up phase, facing high fixed depreciation costs, and are working on improving capacity utilization, equipment efficiency, and yield rates [2]