Hangkai Co., Ltd.: The main reasons for the decline in the company's operating revenue in 2025 are the impact of industry environment, product structure, and changes in the delivery schedule of product orders.

2026-03-05 03:41:30

Securities Daily Online News: On March 4th, Hangcai Co., Ltd. responded to investor questions on the interactive platform, stating that after acquiring the intellectual property rights of six high-temperature alloy master alloys, including DZ406, held by Hangcai Institute, the company will amortize them as intangible assets over their expected useful life. Compared to the previous licensing fee method, this will reduce costs by approximately 15 million yuan annually. The main reason for the decline in the company’s operating revenue in 2025 is due to factors such as industry environment, product structure, and changes in product order delivery schedules.

(Edited by Yuan Guanlin)

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