CTS(000551)2025-01-17 13:50Financial Performance Forecast - The estimated net profit attributable to shareholders for 2024 is projected to be between CNY 217.41 million and CNY 264.00 million, representing a year-on-year increase of 40% to 70% compared to CNY 155.30 million in the previous year[3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between CNY 188.32 million and CNY 225.98 million, indicating a growth of 50% to 80% from CNY 125.55 million in the same period last year[3]. - Basic earnings per share are forecasted to be between CNY 0.5420 and CNY 0.6581, up from CNY 0.3844 in the previous year[3]. - The performance forecast is a preliminary estimate and has not been audited, with final figures to be confirmed in the 2024 annual report[6]. Operational Improvements - The company has focused on cost reduction and efficiency improvement through internal control restructuring, enhancing operational quality and profitability[5]. - The subsidiary Suzhou Electric Porcelain Factory has successfully completed the delivery and acceptance of key products for the State Grid's ultra-high voltage projects, improving production efficiency and product quality[5]. - Suzhou Bearing Factory has seen an increase in high-value-added product sales and has expanded its overseas market presence, with higher gross margins compared to the domestic market[5]. - The company is actively pursuing technological innovation and process improvements to enhance production efficiency and capacity, leading to a steady increase in product gross margins[5]. Currency Impact - The appreciation of the US dollar and euro against the RMB has positively impacted profits[5].