Gelonghui, February 26th丨Xinlian Integrated Circuit (688469.SH) announced its 2025 annual earnings report. During the reporting period, the company expects to achieve total operating revenue of 8.182 billion yuan, representing a year-on-year increase of 25.70%; net profit attributable to the parent company's shareholders is -574 million yuan, with a reduction in losses of 40.31% year-on-year; net profit attributable to the parent company's shareholders after deducting non-operating gains and losses is -1.093 billion yuan, with a reduction in losses of 22.48% year-on-year; basic earnings per share are -0.08 yuan, with a reduction in losses of 42.86% year-on-year.
During the reporting period, the company achieved a gross margin of 5.56%, an increase of 4.53 percentage points year-on-year. The improvement in the company's profitability was mainly driven by continuous product iteration and upgrades through R&D innovation, enhanced production efficiency via refined operations, as well as economies of scale generated from revenue growth, which also boosted product competitiveness. Meanwhile, the company realized deep operational and managerial synergies through mergers and acquisitions, improving group management efficiency while maintaining high R&D investment intensity, thereby continuously enhancing its profitability and core competitiveness.