On the evening of January 29, Shenzhen Transsion Holdings (688036.SH) unveiled its 2025 performance forecast, indicating an anticipated annual revenue of roughly RMB 65.568 billion, reflecting a 4.6% year-on-year decrease. The net profit is forecasted to be approximately RMB 2.546 billion, experiencing a substantial year-on-year plunge of 54.11%. This marks the inaugural instance since its public listing that the company's net profit has seen a "halving". Transsion explained that escalating supply chain costs, particularly the hike in component prices such as storage, have precipitated a reduction in product costs and gross profit margins. When coupled with heightened sales expenditures and increased investments in research and development (R&D), the overall profitability has taken a hit. By midday close on the 30th, the stock price of Transsion Holdings had settled at RMB 57.79, marking a 4% decline.