RNM(600259)2025-01-17 10:30Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -260 million and -320 million yuan, a decrease of 463.38 million to 523.38 million yuan compared to the same period last year [3]. - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is expected to be between -275 million and -335 million yuan, a decrease of 413.32 million to 473.32 million yuan year-on-year [3]. - In the previous year, the total profit was 293.53 million yuan, with a net profit attributable to shareholders of the parent company of 203.38 million yuan [6]. - The performance forecast data has not been audited by a registered accounting firm, and there are no significant uncertainties affecting the accuracy of the forecast [8]. - The company emphasizes that the forecast data is preliminary and the final financial data will be disclosed in the official 2024 annual report [10]. Market Conditions and Challenges - The average market price of key products such as praseodymium-neodymium, dysprosium, and terbium has decreased by 26%, 22%, and 38% respectively, leading to a significant decline in profits [7]. - The company recognized inventory impairment losses of 308 million yuan during the reporting period [7]. - The company is currently undergoing transformation and market cultivation in tungsten mines and magnetic materials, which has resulted in insufficient profitability [7]. Strategic Initiatives - The company is implementing a "one enterprise, one policy" strategy to improve efficiency and reduce losses, focusing on production management and product structure adjustment [7].