Chunxing Precision Engineering: It is expected that the net profit will be a loss of 340 million to 420 million yuan in 2025.

Chunxing Precision Engineering announced that the estimated net loss for the year 2025 is expected to be between 340 million and 420 million yuan. Due to increased competition in the new energy vehicle industry and fluctuations in raw material prices, multiple factors have negatively impacted the sales gross profit of the company's new energy vehicle parts business, affecting the company's profitability. According to relevant regulations of the Enterprise Accounting Standards, the company conducted a comprehensive inventory check of assets such as inventory and fixed assets at the end of the reporting period, conducted impairment tests on assets with impairment indicators, and made corresponding provisions based on the test results; in light of pending litigation matters of subsidiaries, provisions were made for estimated liabilities based on the principle of prudence; based on the company's current operating performance and profit forecast data, a partial reversal of deferred tax assets previously recognized was made.