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Changyang Technology: By 2025, the company's main product, the reflective film, will have a stable core market and good profitability.
Securities Daily Online News: On April 7th, Changyang Technology responded to investor questions on the interactive platform, stating that by 2025, the company’s main product reflective films will have a stable core business and good profitability; affected by macroeconomic environment, market supply and demand, and other factors, products such as lithium battery separators, adhesive films, and optical base films face fierce competition. In 2025, the company will reduce sales and production of low-margin products like lithium battery separators and adhesive films. The company will also increase impairment losses on related fixed assets and ongoing projects for lithium battery separators, adhesive films, and optical base films. As a result, the company’s net profit for 2025 will show a significant loss. In 2026, the company will focus on its main business, improve operational performance, and deeply layout the two core tracks of “light” and “holes.” It is expected that the company’s operating performance will turn losses into profits in 2026.
(Edited by Yuan Guanlin)