Core Viewpoint - The company expects a decline in net profit for the fiscal year 2025, projecting a range between 98 million to 120 million yuan, which represents a year-on-year decrease of 15.28% to 30.81% [1] Summary by Categories Financial Performance - The anticipated decline in net profit is primarily attributed to the slower-than-expected recovery in footwear and apparel consumption, leading to a decrease in selling prices of leather products and a subsequent drop in gross margin and profitability [1] Business Segments - The automotive interior leather business is expected to maintain revenue growth due to the acquisition of new clients and the popularity of designated vehicle models, while internal management upgrades are expected to enhance cost reduction and efficiency [1] - The gross margin and net profit margin for the automotive interior leather segment are projected to remain stable [1]