Hechuan Technology: The revenue in 2025 is expected to increase by 26.79% to 1.028 billion yuan compared to the previous year, and the net loss is expected to narrow.

Hechuan Technology announced that it is expected to achieve operating income of 1.028 billion yuan in 2025, a year-on-year increase of 26.79%, mainly due to the growth of orders from downstream customers in multiple industries and ODM. The net profit attributable to the owners of the parent company is -129 million yuan, with losses narrowing, mainly due to the increase in gross profit brought by revenue growth, as well as growth in other income and non-recurring gains. The total assets at the end of the reporting period were 1.929 billion yuan, a decrease of 2.10% from the beginning of the period; the owners' equity attributable to the owners of the parent company was 1.225 billion yuan, a decrease of 6.97% from the beginning of the period. The above data are preliminary estimates and have not been audited.