CMGE Technology Group Limited (Stock Code: 0302) has announced that, based on its unaudited management accounts, it expects to post a net loss of no more than RMB1.50 billion for the financial year ended 31 December 2025. This represents an improvement from the RMB2.10 billion net loss recorded in FY2024.

Key drivers behind the narrowing loss are:

1. Decline in non-operating other expenses to roughly RMB1.10 billion for FY2025, down from RMB1.70 billion in FY2024. 2. Significantly lower impairment of goodwill at subsidiary Beijing Wenmai Hudong Technology, following a steep downward adjustment in its projected revenue growth range for FY2024 (2%–157% vs. 16%–213% in FY2023) that had triggered a large goodwill write-down last year. 3. Net reduction in asset-impairment charges, as increased write-offs of prepayments are expected to be offset by smaller impairments on other intangible assets—including IP licences, CP licences and development expenditure—in FY2025. 4. Easing fair-value losses on financial assets at fair value through profit or loss, reflecting fewer investee difficulties and an improved investment environment relative to FY2024.

The audited annual results are scheduled for release by end-March 2026. Shareholders and investors are advised to exercise caution when dealing in the company’s shares until the full results are published.