Revenue in 2025 was 20.9248 million yuan, a year-on-year decrease of 75.19%.

Lihe Micro released its performance report, achieving a total operating revenue of 358 million yuan in 2025, a year-on-year decrease of 34.79%; net profit was 20.9248 million yuan, a year-on-year decrease of 75.19%. The company's operating performance in the power grid sector declined mainly due to the reduction in the scale of smart grid market bidding and the impact of bidding pace. At the same time, the company increased its research and development investment in IoT-related businesses, and non-power grid IoT-related operating revenue grew by more than 30% year-on-year.