AUX ELECTRIC (02580) declined more than 11%, and as of writing, was down 9.67% to HKD 10.65, with a turnover of HKD 43.7677 million. On March 6, the company issued an announcement stating that the group expects to achieve revenue of approximately RMB 30 billion for the fiscal year ending December 31, 2025, compared to revenue of RMB 297.59 billion for the fiscal year ending December 31, 2024. Additionally, the profit attributable to owners of the company for the 2025 fiscal year is projected to be around RMB 2.2 billion, compared to RMB 29.10 billion for the 2024 fiscal year. The announcement indicated that the decrease in profit for the 2025 fiscal year is primarily due to persistently rising raw material prices, high channel inventory levels, and weak end-consumer demand. These challenges have further intensified domestic competition, exerting downward pressure on air conditioner prices and leading to a decline in the group's gross profit margin.