Core Viewpoint - The company, Zhaosheng Microelectronics (卓胜微), is expected to report a net loss of 255 million to 295 million yuan for the fiscal year 2025, a significant decline from a profit of 402 million yuan in the same period last year [1] Financial Performance - The projected operating revenue for the company is estimated to be between 3.7 billion to 3.75 billion yuan, reflecting a year-on-year decrease of approximately 16% to 18% [1] Factors Influencing Performance - The performance decline is attributed to several factors, including increased investments during the transition to a Fab-Lite model, impacts from supply chain transformations, intense industry competition, and tight raw material deliveries, which have affected product shipment pace and scale [1]