Hechuan Technology: Revenue is expected to increase by 17.19%-29.52% in 2025, but the net profit is still in deficit.

Hec Technology announced that it is expected to achieve a revenue of 950 million to 1.05 billion yuan in 2025, a year-on-year growth of 17.19% to 29.52%; the net profit attributable to the owners of the parent company is expected to be between -140 million to -110 million yuan, with a narrowed loss compared to the previous year by 25.09 million to 55.09 million yuan; the net profit after deducting non-recurring gains and losses is expected to be between -176 million to -145 million yuan. The revenue in the previous year was 811 million yuan, and the net profit attributable to the owners of the parent company was -165 million yuan. The growth in revenue is attributable to an increase in downstream industry customers and ODM orders, while the narrowing of the net loss is due to an increase in gross profit margin, other income, and non-recurring gains and losses.