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Baoland: Net loss of 75.2275 million yuan in 2025
Baoland announced its earnings brief, reporting that in 2025 the company achieved a total revenue of 230 million yuan, a decrease of 18.72% year-over-year; net profit was a loss of 75.2275 million yuan, compared to a loss of 58.7224 million yuan in the same period last year. During the reporting period, some downstream customers reduced or delayed their procurement needs. Coupled with market conditions, product competitiveness, and development strategies, the company scaled back some business lines, leading to a decline in revenue. At the same time, the company has consistently focused on technological innovation and product upgrades, maintaining high R&D investment. Despite efforts to reduce costs and increase efficiency in 2025, R&D spending still increased compared to the previous year.