CARLINK TECH (02531) issues profit warning, with an estimated annual net profit of about 20 to 24 million RMB, a year-on-year decrease of about 45% to 55%.

CARLINK TECH (02531) announced that the Group is expected to achieve a net profit of approximately RMB 20 million to RMB 24 million for the year ending December 31, 2025, while a net profit of approximately RMB 44.3 million was recorded for the year ending December 31, 2024, representing a decrease of approximately 45% to 55% in net profit. The decrease in comprehensive income this year is mainly attributed to: the company's expansion of the new energy customer base and the addition of offline stores to expand market coverage and enhance brand influence, resulting in increased sales expenses due to significant prior marketing resource investment; increased research and development investment to support the implementation of new business scenarios; and the impact of exchange rate fluctuations during this reporting period, leading to increased exchange losses compared to the same period last year, further affecting the level of net profit.