Titan Technology: Estimated net loss of 12 to 18 million yuan in 2025.

Titan Technology announced that it is expected to incur a net loss attributable to the owners of the parent company of 12 million to 18 million yuan in 2025, and a non-recurring net loss of 55 million to 75 million yuan. The net profit for the same period last year was 12.89 million yuan, and the non-recurring net profit was 5.72 million yuan. The main reason for the decline in performance is the adjustment of the company's business structure leading to a decrease in revenue, an increase in depreciation and amortization of fixed assets, and an expected impairment of goodwill of about 28 million yuan in the current fiscal year, with a decrease in inventory valuation reserve of about 24 million yuan in the fourth quarter. Specific financial data is subject to the 2025 annual report.