Core Viewpoint - The company reported preliminary financial data for the fiscal year 2025, indicating growth in revenue and profit, but a decline in net profit after excluding non-recurring items [2][3]. Financial Data and Indicators - The company achieved operating revenue of 871.07 million RMB, a year-on-year increase of 18.13% [3]. - The total profit amounted to 108.10 million RMB, reflecting a year-on-year growth of 7.52% [3]. - The net profit attributable to the parent company was 78.32 million RMB, up by 2.24% year-on-year [3]. - The net profit attributable to the parent company after deducting non-recurring gains and losses was 36.46 million RMB, showing a decline of 41.28% compared to the previous year [3]. - Total assets reached 3.30 billion RMB, an increase of 13.21% year-on-year [3]. - The equity attributable to the parent company was 2.10 billion RMB, growing by 0.61% [3]. - The net asset per share attributable to the parent company was 16.04 RMB, up by 2.23% [3]. Operating Performance and Financial Condition - The company's main business remained stable, with subsidiaries gradually industrializing projects and generating sales revenue, leading to an overall increase in operating income [4]. - The company focused on cost reduction, efficiency improvement, and high-level R&D investment, with strategic new projects progressing steadily [4]. - Significant appreciation in the fair value assessment of investment projects impacted non-recurring gains and losses, while increased depreciation expenses and inventory impairment provisions contributed to the decline in net profit after excluding non-recurring items [4].

Core Viewpoint - The company reported a total operating revenue of 871 million yuan for the fiscal year 2025, representing a year-on-year growth of 18.13%, and a net profit of 78.32 million yuan, with a year-on-year increase of 2.24% [1] Group 1: Financial Performance - The significant increase in the fair value assessment of investment projects had a substantial impact on non-recurring gains and losses [1] - The net profit attributable to the parent company, after deducting non-recurring gains and losses, decreased compared to the same period last year due to increased depreciation expenses from newly constructed projects and inventory impairment provisions [1] Group 2: Research and Development - The company continues to drive innovation through research and development, increasing investment in core areas such as photoresist materials, high-end liquid crystal, and OLED materials [1]