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Ousheng Electric: Net profit is expected to decrease by 55%-70% year-on-year by 2025.
Ousheng Electric announced that the net profit for the year 2025 is expected to be between 76.0342 million yuan and 114 million yuan, a year-on-year decrease of 55% to 70%. Since the second half of 2025, the RMB to USD exchange rate has shown a continuous significant appreciation trend. Because the company’s main business revenue is mostly settled in USD, exchange rate fluctuations have caused the company to incur a large amount of foreign exchange losses during this period, directly affecting the company’s profit level for the current period.