Core Viewpoint - Yonglianfeng Holdings (09882.HK) anticipates a net loss of approximately HKD 2.5 million to HKD 3.8 million for the fiscal year ending December 31, 2025, representing a decline of about 140% to 160% compared to a net profit of approximately HKD 6.3 million for the fiscal year ending December 31, 2024 [1] Group 1 - The company expects revenue for the reporting period to increase by approximately 30% to 40% compared to HKD 114.6 million for the fiscal year ending December 31, 2024 [1] - The anticipated decrease in net profit is primarily attributed to several factors, including a reduction in gross margin due to changes in product mix, with a decrease in sales of high-margin slewing bearings and an increase in lower-margin sales of new machinery and minerals [1] - The company incurred a loss of approximately HKD 3 million due to changes in the surrender amount of its life insurance investment plan [1] - Sales and distribution expenses increased by approximately HKD 1.5 million, which includes marketing expenses related to the development of OEM businesses in Japan and China during the reporting period [1]