Core Viewpoint - The company expects to achieve a positive net profit for the fiscal year 2025, indicating a turnaround from previous losses [1] Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1] - The company anticipates a net profit that signifies a turnaround from previous losses [1] Group 2: Reasons for Performance Changes - Steady growth in operating revenue due to the consolidation of existing customer base and ongoing market expansion, leading to an increase in sales volume of main products [2] - Significant reduction in share-based payment expenses as the company terminated the 2022 restricted stock incentive plan, resulting in a one-time recognition of expenses amounting to 87.4036 million yuan, with 78.3634 million yuan classified as non-recurring losses in 2024 [2] - Market price adjustments for specialty gases, including xenon and its mixtures, due to industry cyclical fluctuations, with a corresponding decrease in asset impairment losses as the company had already made sufficient provisions in the previous year [2]

Core Viewpoint - The company expects to turn a profit in 2025, with projected net profit attributable to shareholders ranging from 65 million to 80 million yuan, marking a year-on-year turnaround [1] Group 1: Financial Performance - The company anticipates a net profit excluding non-recurring gains and losses for 2025 to be between 53.5 million and 62.5 million yuan, indicating a year-on-year increase [1] - Revenue is steadily growing as the company consolidates its existing customer base while expanding market reach and optimizing customer structure, leading to an increase in sales volume of main products [1] Group 2: Cost Management - The company has significantly reduced share-based payment expenses, as it terminated the 2022 restricted stock incentive plan in 2024, which previously incurred a one-time expense of 87.4 million yuan, with 78.4 million yuan included in non-recurring gains and losses [1] - There were no such expenses recorded in the current reporting period [1] Group 3: Market Conditions - The company’s specialty gas products, particularly xenon and its mixtures, experienced a temporary price adjustment due to industry cyclical fluctuations [1] - The company has adequately provided for impairment based on the net realizable value of inventory in 2024, resulting in a decrease in asset impairment losses year-on-year [1]