On February 26, news emerged that Qixin Technology had unveiled its preliminary earnings report, revealing a net profit of 265.79 million yuan for 2025, marking a 15.16% decrease compared to the previous year. Throughout 2025, the company persisted in expanding its packaging and testing capabilities, enhancing product quality and service standards, and proactively seeking new customers and products. These efforts led to a growth in revenue from packaging and testing services. Nevertheless, the Hefei plant was in the midst of a capacity ramp-up phase, which resulted in higher fixed costs, such as depreciation and labor, when compared to the same period in the previous year. Concurrently, the company continued to expand its production capacity and ramp up R&D investments in advanced integrated circuit packaging and testing sectors. These sectors included high-efficiency heat dissipation, high-adhesion high-performance chips, automotive-grade high-stability copper pillar chip packaging, as well as testing of high-refresh-rate and high-resolution display driver chips. Consequently, R&D expenses experienced a year-on-year increase.