Core Viewpoint - The company expects a net profit of 288 million to 328 million yuan for the fiscal year 2025, representing a year-on-year decline of 7.16% to 18.48% [1] Group 1: Financial Performance - The company reported stable operations during the reporting period, with continuous optimization and upgrading of its product structure [1] - The decline in net profit is primarily attributed to fluctuations in raw material prices, which have put pressure on costs [1] - The company's production base in Thailand is in the initial phase of production and capacity ramp-up, leading to temporary impacts from fixed costs and operating expenses on current profits [1] Group 2: Strategic Outlook - As the Thai production base gradually releases capacity, the company aims to enhance its overseas capacity layout and improve long-term competitiveness [1]

Core Viewpoint - The company is actively monitoring raw material price changes and is enhancing collaboration with downstream suppliers to ensure stable supply and manage inventory effectively [2] Group 1: Company Strategies - The company is focusing on technological upgrades to optimize product structure and develop high value-added products [2] - The company aims to improve production efficiency through refined management practices to mitigate risks associated with rising raw material prices [2] - In response to increased product costs due to raw material price hikes, the company plans to communicate and negotiate cost impacts with clients based on long-term partnerships [2]

Group 1 - The company, Xiehe Electronics, focuses on printed circuit board products and SMT business primarily in the automotive electronics and high-frequency communication sectors [1] - In recent years, the company has actively embraced the development trend in the new energy sector, providing products such as flexible printed circuits (FPC) and CCS for new energy batteries to certain clients [1]