Core Viewpoint - The financial performance of 欧科亿 (688308.SH) in Q1 2025 shows a significant increase in revenue but a substantial decline in net profit, indicating potential challenges in profitability despite revenue growth [1]. Financial Performance Summary - In Q1 2025, the company achieved operating revenue of 302 million yuan, a year-on-year increase of 14.32% [1]. - The net profit attributable to shareholders was 7.66 million yuan, representing a year-on-year decrease of 74.33% [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.26 million yuan, down 90.54% year-on-year [1]. - The net cash flow from operating activities was -126 million yuan, slightly improved from -133 million yuan in the same period last year [1]. Historical Financial Data - From 2022 to 2024, the company reported operating revenues of 1.055 billion yuan, 1.026 billion yuan, and 1.127 billion yuan, respectively [1]. - The net profits attributable to shareholders for the same years were 242 million yuan, 166 million yuan, and 57.3 million yuan [1]. - The net profits after deducting non-recurring gains and losses were 225 million yuan, 130 million yuan, and 26.3 million yuan, respectively [1]. - The net cash flow from operating activities for these years was 173 million yuan, -9.15 million yuan, and 38.34 million yuan [1]. Fundraising Activities - The company raised a total of 600 million yuan from its initial public offering, with a net amount of 533 million yuan after deducting issuance costs [2]. - The funds raised were higher than the initial plan by 24.92 million yuan [2]. - The planned use of funds included 450 million yuan for a high-end CNC blade manufacturing base and 58 million yuan for upgrading a precision tool R&D platform [2]. Additional Fundraising Information - In 2022, the company issued 12,616,306 shares at a price of 63.41 yuan per share, raising approximately 800 million yuan, with a net amount of about 786 million yuan after costs [3]. - The total amount raised from both fundraising activities is 1.4 billion yuan [4]. Dividend Announcement - On June 9, 2023, the company announced a dividend of 7 yuan per 10 shares (pre-tax) and a stock bonus of 4 shares, with the ex-dividend date set for June 16, 2023 [5].