Pathfinder: It is expected that the net profit attributable to the parent company in the first half of the year will be 16-22 million yuan, a year-on-year decrease of 74.27%-81.29%.

Pathfinder announced on August 8th that it is expected to achieve a net profit attributable to shareholders of 16 to 22 million yuan in the first half of 2025, a year-on-year decrease of 74.27% to 81.29%, compared to a net profit attributable to shareholders of 85.5021 million yuan in the same period of the previous year. The main reasons for the decline in the company's performance in this reporting period are as follows: first, the outdoor business was affected by market conditions and the pace of new product iterations, resulting in lower than expected product sales, a decline in revenue during the reporting period, an increase in provision for inventory depreciation, which dragged down profitability; second, the overall development of the chip business is good, but the impact of exchange rate fluctuations resulted in significant changes in exchange gains and losses, which had a negative impact on performance. This comprehensive led to a decline in performance in this period.