Core Viewpoint - The company, Hangjin Technology, forecasts a net loss for 2025, with expected losses narrowing significantly compared to the previous year, indicating a potential recovery trajectory despite ongoing challenges in the chemical sector [1][2]. Group 1: Financial Performance - For 2025, the company anticipates a net profit attributable to shareholders ranging from -180 million to -100 million yuan, with a net profit excluding non-recurring gains and losses expected between -185 million and -105 million yuan, marking a substantial reduction in losses from the previous year's net loss of 979 million yuan [1]. - In the third quarter of 2025, the company reported total operating revenue of 3.287 billion yuan and a net profit of 15 million yuan, but the profitability trend did not continue into the fourth quarter due to ongoing low prices in the chemical products market and asset impairment provisions [2]. Group 2: Business Segments - Hangjin Technology operates in three main sectors: chemicals, electronics, and intelligent computing, with the chemical sector being the traditional foundation of the company [2]. - The electronic segment focuses on storage and analog chips used in communications and automotive electronics, while the intelligent computing segment, through its subsidiary, is involved in AI servers and computing power leasing, partnering with NVIDIA [2]. Group 3: Strategic Initiatives - The company is committed to advancing its technological transformation and enhancing the synergy among its three business segments, with efforts to optimize production scheduling and strengthen cost control in the chemical sector [2]. - The electronic segment achieved a year-on-year revenue growth of 20.19% in the first half of the year, becoming a key growth driver for the company [2].