Core Viewpoint - The company expects a revenue growth of approximately 3% to 5% year-on-year for 2025, while profit is anticipated to decrease by about 25% to 35% [1] Group 1: Revenue and Profit Expectations - The company forecasts a revenue increase of around 3% to 5% for 2025 [1] - Profit is projected to decline by approximately 25% to 35% year-on-year [1] Group 2: Factors Affecting Profit - The decrease in profit is primarily attributed to the impact of U.S. tariffs, which have raised the sales costs of key product lines exported to the U.S. [1] - The gross margin for the business in the U.S. has declined compared to the previous year due to these tariff impacts [1] - The company has implemented measures to mitigate these effects, including selective price increases and adjustments to operational strategies [1] Group 3: Currency Impact - The depreciation of the U.S. dollar against the Chinese yuan in 2025 has resulted in foreign exchange losses when converting revenue and accounts receivable denominated in U.S. dollars to yuan [1] - This currency situation has further compressed the company's profit margins, although the company still expects positive revenue growth for the year [1]

Core Viewpoint - Eagle Precision (01286) experienced a significant decline of over 15%, closing at 3.4 HKD with a trading volume of 12.96 million HKD due to the impact of new tariffs on steel and aluminum imports announced by the Trump administration [1] Group 1: Company Impact - Approximately 40% of Eagle Precision's products sold to the U.S. are under "Delivered Duty Paid" terms, meaning the company is responsible for transportation, customs clearance, and payment of applicable taxes and tariffs [1] - About 60% of the products included in the new tariff list will incur additional tariffs, which are significantly higher than the company's gross margin, making the supply commercially unfeasible and potentially constituting a force majeure event [1] - For the fiscal year ending December 31, 2024, revenue from U.S. sales is expected to account for approximately 44.4% of the company's total revenue [1] Group 2: Business Operations - The board of directors acknowledges that the additional tariffs may impact the company's business and operations, but they are currently negotiating to pass on the extra tariffs to customers [1] - The company is unable to provide a specific assessment or calculation of the potential impact of the additional tariffs at this time [1] - Eagle Precision will continue to monitor the situation closely and will take appropriate measures to mitigate the impact of the additional tariffs on its business and operations [1]

Core Viewpoint - The U.S. Department of Commerce announced an expansion of a 50% tariff on steel and aluminum imports from all countries, affecting 407 products, which will take effect on August 18, 2025. This could significantly impact the company's operations and profitability due to the high tariff rates compared to its gross margin [1]. Group 1 - The new tariff list includes 407 steel and aluminum derivative products, which will be subject to additional tariffs starting August 18, 2025 [1]. - Approximately 40% of the company's products sold to the U.S. are under "Delivered Duty Paid" terms, meaning the company is responsible for shipping, customs clearance, and paying all applicable taxes and tariffs [1]. - Of the products sold to the U.S., about 60% are included in the new tariff list, which could render the company's supply commercially unviable due to the high tariff rates [1]. Group 2 - As of the fiscal year ending December 31, 2024, revenue from U.S. sales accounts for approximately 44.4% of the company's total revenue [1]. - The board acknowledges that the additional tariffs may impact the company's business and operations, but specific assessments and calculations regarding the impact are currently not possible as negotiations to pass on the tariff costs to customers are ongoing [1].