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On January 16, Guanshi Technology issued its 2025 annual performance forecast, predicting a net loss attributable to the owners of the parent company that will range from 84 million yuan to 56 million yuan. This represents a widening of losses compared to the same period of the previous year, when the company reported a loss of 15.4551 million yuan. The anticipated loss is mainly due to the fact that certain products from the photomask manufacturing project of its wholly-owned subsidiary, Ningbo Guanshi Semiconductor Co., Ltd., are still undergoing sample submission and verification processes. As a result, the sales revenue generated from these products remains limited in scale. Furthermore, there has been a substantial rise in depreciation and amortization expenses following the transfer of long-term assets, such as machinery and equipment, to fixed assets.
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