Core Link Integration: In 2025, revenue is 8.19 billion yuan, and net profit decreased by 40.02% year-on-year.

Xinlian Integration announced that in 2025, the company is expected to achieve operating revenue of 8.19 billion yuan, a year-on-year increase of 25.83%; the net profit attributable to the owner of the parent company is approximately -577 million yuan, a year-on-year decrease of 40.02%; and the non-GAAP net profit is approximately -1.094 billion yuan, a year-on-year decrease of 22.41%. The performance growth is mainly due to the development of the global semiconductor industry, the promotion of domestic substitution process, high capacity utilization rate of the company, rapid growth in revenue in four major application areas, and the efficiency of the business model of the one-stop system outsourcing platform. In addition, mergers and reorganizations optimized management and improved operational efficiency and profitability.