CGT GROUP(000066)2025-01-15 09:25Financial Performance - The company expects a net loss attributable to shareholders of approximately 110,000 to 152,000 million yuan for the fiscal year 2024, representing a decline of 12.56% to 55.54% compared to the previous year's loss of 97,725 million yuan [3]. - The expected net loss after deducting non-recurring gains and losses is approximately 107,000 to 148,000 million yuan, compared to a loss of 118,047 million yuan in the previous year, indicating an increase in loss of 25.37% to a decrease in loss of 9.36% [3]. - The basic earnings per share are expected to be a loss of approximately 0.341 to 0.471 yuan, compared to a loss of 0.303 yuan in the previous year [3]. Market Conditions - The decline in profitability is attributed to intensified market competition, industry policy adjustments, and cyclical changes, leading to a decrease in gross margin [6]. Business Strategy - The company has adjusted its business structure to focus on core operations, resulting in increased costs compared to the previous year [6]. - The company maintains a strong investment in technological innovation to enhance core technology and ensure sustainable development and long-term competitiveness [6]. Asset Management - The company is conducting comprehensive asset impairment tests and has made provisions for asset impairments based on cautious principles due to external economic conditions [6]. Investor Guidance - The financial data presented is preliminary and will be detailed in the 2024 annual report, urging investors to be aware of investment risks [7].