Linewell(603636)2025-01-17 13:25Financial Performance - The company expects a net profit attributable to shareholders for 2024 to be between -244 million and -292 million RMB, indicating a loss [3]. - The net profit after deducting non-recurring gains and losses is projected to be between -250 million and -298 million RMB for 2024 [4]. - In the same period last year, the company reported a net profit of 56.29 million RMB, showing a significant decline in performance [5]. Strategic Focus - The company plans to focus on artificial intelligence, restructuring traditional businesses and developing three key industries: AI applications, computing power operation services, and AI chip industry [6]. Revenue and Cash Flow - The total cash collection for 2024 is expected to reach approximately 2 billion RMB, a year-on-year increase of about 45% [7]. - The company has a backlog of orders amounting to 2.253 billion RMB and completed projects awaiting acceptance worth 348 million RMB, providing profit assurance for 2025 [7]. - The company is actively expanding overseas markets in collaboration with partners like Huawei, with orders already formed that will recognize revenue in 2025 [7]. - The establishment of a joint health laboratory with Peking University aims to develop smart health business, targeting incremental revenue in 2025 [7]. Future Outlook - The company anticipates improved performance in Q1 2025 due to the recovery of accounts receivable and the acceleration of government debt clearance policies [6]. - The financial data provided is preliminary and subject to final confirmation in the official 2024 annual report [9].