Core Viewpoint - The company expects a net loss of between 95 million to 180 million yuan for the year 2025, indicating a significant decline compared to the previous year [1] Group 1: Elevator Door Control System Business - The elevator and elevator parts industry is facing considerable pressure in 2025, leading to a decline in demand and intensified price competition for elevator door system products [1] - Although the number of orders has increased, the gross profit margin for product sales has significantly decreased, resulting in losses for the elevator door control system business [1] - The company plans to recognize asset impairment for certain inventory and fixed assets due to the continuous decline in asset prices, with the final impairment amount to be determined by an external evaluation and audit [1] Group 2: Military Simulation System Business - The subsidiary Beijing Lingwei Military Technology Co., Ltd. has experienced revenue recognition issues due to market conditions and industry specifics, leading to performance below expectations [2] - The subsidiary is actively exploring new civilian business directions, but these new ventures are still in the introduction phase and have limited profit contribution for the current year [2] - Increased expenses related to the new business initiatives have further impacted the current year's profits [2] Group 3: Goodwill Impairment - The company intends to recognize a significant impairment for goodwill related to the subsidiary Beijing Lingwei Military Technology Co., Ltd., which will increase overall losses [2] - The final impairment amount will be based on an evaluation report from an external agency and the audit opinion from the accounting firm, subject to board approval [2]

Core Viewpoint - The company, 展科技, is forecasting a net loss of between 95 million to 180 million yuan for the year 2025, indicating a significant decline compared to the previous year [1] Group 1: Elevator Door Control System Business - The elevator and elevator components industry is facing considerable pressure in 2025, leading to a shrinkage in demand and intensified price competition for the company's elevator door system products [1] - Although the number of orders has increased, the gross profit margin from product sales has significantly decreased, resulting in losses for the elevator door control system business [1] - The company plans to recognize asset impairment for certain inventory and fixed assets due to the continuous decline in asset prices, with the final impairment amount to be determined by an external evaluation and audit [1] Group 2: Military Simulation System Business - The subsidiary, Beijing Lingwei Military Technology Co., Ltd., has experienced revenue recognition issues due to market conditions and industry-specific challenges, leading to performance below expectations [2] - The subsidiary is actively exploring new civilian business directions, but these new ventures are still in the introduction phase and have limited profit contribution for the current year, while related investments have increased expenses year-on-year, further impacting profits [1][2] - The company intends to recognize a significant impairment for goodwill related to the subsidiary, which will further increase the overall loss, with the final amount subject to evaluation and board approval [2]

Core Viewpoint - The company expects to report a net loss for the fiscal year 2025, primarily due to declining demand and increased price competition in its elevator door control systems and underperformance in its military simulation systems business [1]. Group 1: Financial Performance - The company anticipates a negative net profit attributable to shareholders for the year 2025 [1]. - The expected loss is attributed to a significant decline in gross profit margins for elevator door systems due to a prolonged downturn in the real estate market, which has adversely affected the elevator and components industry [1]. - The military simulation systems business is also expected to underperform, leading to potential goodwill impairment due to market conditions and industry-specific challenges [1]. Group 2: Compliance and Reporting - The company will adhere to the Shanghai Stock Exchange listing rules and relevant regulations to expedite financial accounting processes [2]. - A formal earnings forecast for 2025 will be disclosed within the stipulated timeframe, with final financial data to be confirmed in the official annual report [2].

Core Viewpoint - The company expects a negative net profit attributable to shareholders for the fiscal year 2025, indicating a significant decline in operational performance due to adverse market conditions in both its elevator door control systems and military simulation systems businesses [1] Group 1: Elevator Door Control Systems - The real estate market is anticipated to remain sluggish in 2025, leading to reduced demand for elevator and accessory products [1] - Intense price competition is expected to significantly decrease the gross profit margin of elevator door system-related products, adversely affecting the company's profitability [1] Group 2: Military Simulation Systems - The performance of the subsidiary, Beijing Lingwei Military Technology Co., Ltd., is projected to fall short of expectations due to market conditions and the unique characteristics of the industry [1] - This underperformance is likely to result in goodwill impairment for the company [1]

Core Viewpoint - The company expects to report a net loss attributable to shareholders for the fiscal year 2025 due to adverse market conditions affecting its business segments [1] Group 1: Elevator Door Control Systems - The real estate market is expected to remain sluggish in 2025, leading to decreased demand for elevator and accessory products [1] - Intense price competition is anticipated, resulting in a significant decline in the gross profit margin of elevator door system-related products [1] - The decline in sales and profit margins is projected to adversely impact the company's overall profitability [1] Group 2: Military Simulation Systems - The subsidiary Beijing Lingwei Military Technology Co., Ltd. is expected to underperform due to market conditions and industry-specific challenges [1] - The anticipated underperformance may lead to goodwill impairment for the company [1]

Core Viewpoint - The company expects to report a net loss for the fiscal year 2025, primarily due to adverse market conditions affecting its business segments [1] Group 1: Financial Performance - The company anticipates a negative net profit attributable to shareholders for the year 2025 [1] - The expected loss is attributed to a significant decline in the gross profit margin of its elevator door control systems due to a prolonged downturn in the real estate market [1] - The company’s subsidiary, Beijing Lingwei Military Technology Co., Ltd., is projected to underperform due to market conditions and industry-specific challenges, leading to potential goodwill impairment [1] Group 2: Industry Impact - The elevator and components industry is facing a demand shrinkage and intensified price competition, which is adversely affecting product sales [1] - The military simulation systems sector is also experiencing challenges that are impacting overall company performance [1]

Core Viewpoint - The company expects to report a net loss attributable to shareholders for the fiscal year 2025, primarily due to adverse market conditions affecting its elevator door control systems and military simulation systems businesses [2] Group 1: Elevator Door Control Systems - The real estate market is anticipated to remain sluggish in 2025, leading to decreased demand for elevator and accessory products [2] - Intense price competition is expected to significantly reduce the gross profit margin of the company's elevator door system products, adversely impacting overall profitability [2] Group 2: Military Simulation Systems - The subsidiary Beijing Lingwei Military Technology Co., Ltd. is projected to underperform due to market conditions and industry-specific challenges, which will negatively affect the company's overall performance [2] - The anticipated underperformance may lead to goodwill impairment for the company [2]