Core Viewpoint - The company, Feiyu Technology (01022.HK), anticipates a significant turnaround in financial performance, projecting a net profit after tax of approximately RMB 80 million to RMB 120 million for the fiscal year ending December 31, 2025, following a net loss of approximately RMB 46.1 million for the fiscal year ending December 31, 2024 [1] Financial Performance - The expected transition to net profit is primarily attributed to substantial revenue growth driven by the HTML5 game "One Step Two Steps," which is set to launch in the second half of 2024 and enter its revenue recovery phase in 2025 [1] - The company also forecasts a reduction in investment losses from a non-listed limited partnership, decreasing from approximately RMB 17.4 million for the fiscal year ending December 31, 2024, to between RMB 6 million and RMB 9 million for the fiscal year ending December 31, 2025 [1] Investment Insights - The anticipated decrease in investment losses is mainly due to changes in the fair value of multiple investments held by the non-listed limited partnership, which focuses on smart systems, automation, and information technology sectors [1]