Core Viewpoint - The company expects to report a net loss attributable to shareholders of RMB 40 million to 60 million in the first half of 2025, a significant decline from a profit of RMB 405,000 in the same period of 2024 [1] Summary by Relevant Categories Financial Performance - The expected net loss for the first half of 2025 is between RMB 40 million and 60 million, contrasting sharply with a profit of RMB 405,000 in the same period of 2024 [1] Reasons for Performance Change - The primary reasons for the shift from profit to loss include: - A significant decline in gross margin for the compatible printer consumables chip business due to intensified industry competition [1] - Increased sales and distribution expenses to develop new business [1] - Higher administrative expenses resulting from headquarters relocation and the write-off of raw material costs [1] - A substantial increase in asset impairment provisions [1]

Core Viewpoint - The company expects to report a net loss attributable to shareholders of approximately RMB 40 million to 60 million in the first half of 2025, a significant decline from a net profit of approximately RMB 405,000 in the same period of 2024 [1] Group 1: Financial Performance - The anticipated shift from profit to loss is primarily due to intense competition in the compatible printer consumables chip industry, leading to a substantial decrease in gross margin for this business segment [1] - The company has increased sales and distribution expenses due to enhanced marketing activities aimed at developing new businesses such as IoT chips and online sales [1] Group 2: Operational Challenges - The change of headquarters in the People's Republic of China and the write-off of raw material costs have contributed to an increase in administrative expenses [1] - The company has incurred net operating losses during the period, resulting in a significant increase in asset impairment provisions [1]

Core Viewpoint - Meijiayin Holdings (06939.HK) anticipates a net loss attributable to shareholders of approximately RMB 40 million to RMB 60 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 405,000 for the same period in 2024 [1] Group 1: Financial Performance - The company is expected to shift from profit to loss primarily due to a significant decline in gross margin in the compatible printer consumables chip business, driven by intense competition in the industry [1] - The increase in sales and distribution expenses is attributed to enhanced marketing activities aimed at developing new businesses such as IoT chips and online sales [1] - Administrative expenses have risen due to the relocation of the headquarters in the People's Republic of China and the write-off of raw material costs [1] - The company has incurred net operating losses during the period, leading to a substantial increase in asset impairment provisions [1]

Core Viewpoint - The company expects to report a net loss attributable to shareholders of approximately RMB 40 million to RMB 60 million in the first half of 2025, a significant decline from a net profit of approximately RMB 405,000 in the same period of 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated shift from profit to loss is primarily attributed to intense competition in the compatible printer consumables chip industry, leading to a substantial decline in gross margin for this business segment [1] - The increase in sales and distribution expenses is a result of enhanced marketing activities aimed at developing new business areas such as IoT chips and online sales [1] - Administrative expenses have risen due to the relocation of the company's headquarters in the People's Republic of China and the write-off of raw material costs [1] - The company has incurred net operating losses during the period, resulting in a significant increase in asset impairment provisions [1]