Arter: It is expected that the net profit in 2025 will be between -200 million yuan and -240 million yuan.

ALTE announcement, expects net profit for 2025 to be negative, with estimated net profit between -2.4 billion and -2 billion yuan. During the reporting period, the main reasons for the company's performance changes are as follows: in recent years, the competition in the new energy vehicle industry has intensified, and the pressure to reduce car prices has transmitted to the upstream automotive research and design sector, resulting in the company having lower profit margins in its hand orders, a decrease in gross profit margin, and adversely affecting the company's operating conditions. The company continues to promote the transformation of its business and customer structures, on one hand increasing investment in core components, industrial design digitization upgrades, and on the other hand focusing on expanding overseas market business. Due to the need for capacity expansion, technological iteration, and market development, it has not yet formed a profitable contribution on a large scale in the short term.