Daele materials: It is expected that the net profit will be a loss of 180 million to 198 million yuan in 2025.

Dale New Materials announced that it is expected to incur a net loss of 180 million to 198 million yuan in the fiscal year 2025. During the reporting period, the company's main business product, diamond wire, has continued to suffer from insufficient demand due to the cyclical impact of the photovoltaic industry. The capacity utilization rate is low, and product prices have remained at a low level, resulting in poor profitability for the company. Additionally, the company has invested heavily in new business, new products, new technologies, and research and development of raw materials, which have had a certain impact on the performance of the reporting period.