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On January 16, Keystone Technology made an announcement, stating that it anticipates a net profit loss attributable to the parent company's shareholders in the range of 56 million yuan to 84 million yuan for 2025. This indicates a year-on-year growth in losses. After deducting non-recurring gains and losses, the net profit loss attributable to the parent company's shareholders is projected to fall between 68 million yuan and 102 million yuan. The primary cause of these losses lies in the fact that certain products from the photomask manufacturing project of its wholly-owned subsidiary, Ningbo Keystone Semiconductor, are currently in the sampling and verification phases. As a result, the sales revenue scale remains relatively small, while costs such as depreciation and amortization have surged significantly.
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