Core Micro: Net profit of 71.6935 million yuan in 2025, a year-on-year decrease of 64.65%.

Xinyuan Micro released its performance report, achieving a total operating income of 1.948 billion yuan in 2025, a year-on-year increase of 11.11%; net profit was 71.6935 million yuan, a year-on-year decrease of 64.65%. During the reporting period, with the expansion of business scale, the company actively promoted talent strategy, and the number of employees grew rapidly, leading to a significant increase in expenses such as compensation and benefits compared to the previous year. Government subsidies included in other income decreased during the reporting period; some of the company's products faced price pressure due to market expansion, resulting in the net realizable value of some products being lower than the inventory book value, leading to an increase in the provision for impairment of assets during the reporting period.