Core Viewpoint - Ruixin Holdings (01399) anticipates a net loss attributable to shareholders of approximately RMB 14.5 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 5.5 million in the same period last year [1] Group 1: Financial Performance - The company expects a significant decline in net profit, with a projected loss of RMB 14.5 million compared to a profit of RMB 5.5 million in the previous year [1] - ODM business accounts for over 90% of the company's sales revenue, primarily from the consumer electronics market, specifically the smartphone sector [1] - Overall sales volume of ODM battery products increased by approximately 5% year-on-year, but revenue did not see a corresponding increase due to a general decline in selling prices [1] Group 2: Cost Structure and Management Strategy - Despite an improvement in overall gross margin for ODM products compared to the same period last year, a significant rise in administrative expenses led to the net loss [1] - Increased administrative expenses are attributed to higher costs in employee benefits, research and development, and technical services, aimed at enhancing employee retention and fostering innovation in industrial design and AI applications [1] - Management believes that the rise in expenses will only have a temporary impact on the company's operating profit, supporting sustainable business development in the future [1]

Core Viewpoint - Ruixin Holdings (01399) is expected to report a net loss attributable to shareholders of approximately RMB 14.5 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 5.5 million in the same period last year [1] Group 1: Financial Performance - The company anticipates a significant decline in net profit, shifting from a profit of RMB 5.5 million to a loss of RMB 14.5 million year-on-year [1] - ODM business accounts for over 90% of the company's sales revenue, primarily driven by the smartphone market within the consumer electronics sector [1] - Overall sales volume of ODM battery products increased by approximately 5% year-on-year, but revenue did not see a corresponding increase due to a general decline in selling prices [1] Group 2: Cost Structure and Management Strategy - Despite an improvement in overall gross margin for ODM products compared to the previous year, a substantial rise in administrative expenses led to the net loss [1] - Increased administrative expenses are attributed to higher costs in employee benefits, research and development, and technical services, aimed at enhancing employee retention and fostering innovation in industrial design and AI applications [1] - Management believes that the rise in expenses will only have a temporary impact on the company's operating profit, supporting sustainable business development in the future [1]

Core Viewpoint - The company, Ruixin Holdings, anticipates a net loss attributable to shareholders of approximately RMB 14.5 million for the six months ending June 30, 2025, compared to a net profit of about RMB 5.5 million for the same period in 2024 [1] Group 1: Financial Performance - The company's sales revenue is primarily derived from its ODM business, with over 90% coming from the consumer electronics sector, particularly the smartphone market [1] - ODM battery product sales volume is expected to grow by approximately 5% year-on-year in the first half of 2025, but due to a general decline in selling prices, sales revenue did not show an increase [1] - Despite an improvement in overall gross margin for ODM products compared to the previous year, a significant rise in administrative expenses led to the net loss during the period [1] Group 2: Management Insights - The increase in administrative expenses is attributed to higher costs related to employee benefits, research and development, and technical services, aimed at enhancing employee retention and fostering innovation in industrial design and AI applications [1] - Management believes that these expenditures will only have a temporary impact on the company's operating profit and are essential for sustainable future business development [1]