Core Viewpoint - Zhaori Technology (300333.SZ) expects a net profit attributable to shareholders of the listed company for 2025 to be between -22 million and -15 million yuan, showing an improvement from the previous year's loss of -48.117 million yuan [1] Financial Performance - The company's revenue is projected to be between 120 million and 140 million yuan, with little change compared to the previous year [1] - The reduction in losses is attributed to the electronic payment password system, which remains the main source of profit for the company [1] Non-Recurring Items - The expected net profit for 2025, excluding non-recurring gains and losses, is estimated to be between -23 million and -15 million yuan [1] - The significant loss in the previous year was mainly due to the valuation impact of investment projects, particularly the substantial fair value loss of Planetree (formerly Yunqi Fund) [1] - The fair value changes of Planetree are included in non-recurring gains and losses, with minimal change expected this year [1] - The anticipated amount of non-recurring gains and losses for the current year is estimated to be between -1 million and 1 million yuan, primarily from government subsidies, investment fund fair value changes, and returns from financial products [1]

Core Viewpoint - Zhaori Technology has released its annual performance forecast, expecting a net profit attributable to shareholders of the listed company to be between -22 million and -15 million yuan for the year 2025, indicating a reduction in losses compared to the previous year [1] Financial Performance - The expected net profit attributable to shareholders for 2025 is projected to be between -22 million and -15 million yuan, with a non-recurring net profit forecasted to be between -23 million and -15 million yuan [1] - The company's revenue is expected to remain relatively stable compared to the previous year, with the main source of profit coming from the electronic payment password system [1] Loss Reduction Factors - The anticipated reduction in losses for 2025 is primarily due to the significant fair value loss from the investment project in the previous year, specifically related to Planetree (formerly known as Yunqi Fund), which is not expected to have substantial valuation changes this year [1] - The fair value changes of Planetree are accounted for in non-recurring gains and losses, with the expected non-recurring profit and loss for 2025 estimated to be between -1 million and 1 million yuan, mainly from government subsidies, investment fund fair value changes, and returns from financial products [1]

Core Viewpoint - The company, Zhaori Technology, anticipates a net profit loss for the fiscal year 2025, projecting a net loss between 22 million and 15 million yuan, compared to a loss of 48.117 million yuan in the same period last year [1] Financial Performance - The expected operating revenue is projected to be between 120 million and 140 million yuan, which is relatively stable compared to the previous year's revenue of 128 million yuan [1] - The company's profit primarily derives from its electronic payment password system, indicating that revenue changes year-over-year are minimal, while the loss has decreased [1]

Core Viewpoint - The company emphasizes its commitment to the development and sales of new products while maintaining its traditional electronic payment password system business, which has been a crucial tool for banks in counterfeit prevention for many years [1] Group 1 - The electronic payment password system is a traditional business of the company that has been applied in banks for many years [1] - The system serves as an important means for banks to prevent counterfeiting of bills [1] - The company is actively promoting the research and development of new products to enrich its main business and achieve sustainable development [1]

Group 1: Profit Growth Points - The main profit growth points for the company are expected to come from traditional electronic payment password systems and bank corporate platform-related businesses [1] - The company anticipates that the paper texture anti-counterfeiting products will contribute to performance in the near future [1] Group 2: Current Profit Level - In the reporting period, the company achieved an operating income of 128.04 million yuan, a decrease of 11.41% compared to the same period last year [2] - The operating cost for the period was 55.10 million yuan, a reduction of 12.96% year-on-year [2] - The company implemented business integration and resource focus adjustments in mid-2023 due to the high resource consumption of the bank corporate platform business [2] Group 3: Financial Performance - Total sales, management, and R&D expenses for 2024 amounted to 77.83 million yuan, a decrease of 36.73% compared to 2023 [2] - The net profit attributable to shareholders of the listed company was a loss of 48.11 million yuan, with a narrowed loss margin of 29.83% [2] - The company faced a fair value change loss of approximately 42.30 million yuan due to the impact of investment project valuations [2]