Tongyi Aerospace: It is expected that the net profit will be negative in 2025.

Tongyi Aerospace announced that the estimated net profit for the year 2025 is expected to be between -3000 to -3600 million yuan, compared to -158.48 million yuan in the same period last year. The company's functional film products in this period are mainly vehicle wrapping films. Due to the overall market environment in the automotive industry, the terminal sales price of vehicle wrapping film products continues to be under pressure. At the same time, downstream customers have gradually transitioned from an external procurement model to an independent production model based on supply chain vertical integration strategy, resulting in a structural shrinkage in external market demand for the company's vehicle wrapping film products, a significant decrease in sales revenue, a reduction in gross profit margin, and a significant impact on this year's net profit.