WG Tech(603773)2025-01-17 09:05Revenue Expectations - The company expects 2024 annual revenue to be between CNY 2.1 billion and CNY 2.35 billion, representing a year-on-year increase of CNY 286.39 million to CNY 536.39 million, or a growth of 15.79% to 29.58%[3]. Net Loss Projections - The company anticipates a net loss attributable to shareholders of the parent company between CNY -950 million and CNY -1.39 billion for 2024[3]. - The projected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is expected to be between CNY -1.065 billion and CNY -1.555 billion[3]. - The previous year's net profit attributable to shareholders was CNY -4.54 million, with a total profit of CNY 36.58 million[7]. R&D Investment - R&D investment for the reporting period is expected to be CNY 120 million, an increase of approximately CNY 30 million compared to the previous year[10]. Market Focus and Growth - The company is focusing on enhancing its core capabilities and market share, particularly in the automotive coating processing sector, which is expected to see revenue growth in the second half of 2024[9]. - The company is accelerating the industrialization of glass-based circuit boards and optical devices in response to the rapid development of new display and high-frequency communication industries[11]. Management and Expenses - The company is enhancing its internal management and expanding market promotion efforts, which has led to increased expenses impacting current profits[10]. Performance Forecast - The performance forecast is based on preliminary calculations and has not yet been audited, with final figures to be confirmed in the audited annual report[13]. - Non-recurring gains and losses are expected to decrease by approximately CNY 27 million compared to the previous year due to the absence of certain income from performance commitments[12].