Core Viewpoint - The company, Tonglian Precision, has released its annual performance forecast, indicating a projected net loss for 2025, attributed to various operational challenges and increased expenses related to new technology investments [1] Financial Performance - The expected net profit attributable to shareholders for 2025 is projected to be between -3.6 million and -5.4 million [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between -6.5 million and -9.75 million [1] Operational Challenges - The decline in operational efficiency is primarily due to: - New production capacity and investments not yet achieving economies of scale, leading to a decrease in overall gross margin compared to the previous year [1] - Increased management and R&D expenses totaling approximately 34 million, driven by the company's alignment with industry trends in lightweight and performance upgrades for precision structural components [1] - A foreign exchange loss increase of about 17 million compared to the previous year, influenced by fluctuations in the US dollar exchange rate [1] Future Outlook - The company anticipates that as new business demands materialize, revenue will steadily increase, allowing for effective dilution of related expenses [1] - Improvement in overall profitability is expected as the self-manufacturing level of certain product processes continues to rise [1]