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On March 6, HiRain Technologies (Suzhou) Co., Ltd. released a profit alert, projecting a pre-tax loss of around RMB 415 million for the fiscal year 2025. This marks an approximate 44% surge compared to the RMB 288 million loss recorded in the fiscal year 2024. The escalation in losses can be mainly attributed to the company's amplified investment in research and development (R&D) for its self-developed new products and autonomous driving technologies. Additionally, significant investments have been made in attracting high-end talent specializing in autonomous driving algorithms. These factors, combined with a downturn in sales revenue from its autonomous driving domain controller product, SupervisionTM, have contributed to the widening loss.
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