VENUSTECH(002439)2025-01-20 09:00Financial Performance Expectations - The company expects a net profit in the range of -24,600 to -14,600 thousand yuan for 2024, compared to a profit of 74,114.23 thousand yuan in the same period last year[3] - Revenue is projected to be between 330,000 and 390,000 thousand yuan, down from 450,691.21 thousand yuan year-on-year, indicating a decline of approximately 26.6% to 13.5%[3] - The net profit after deducting non-recurring gains and losses is expected to be between -15,600 and -8,500 thousand yuan, compared to 47,107.46 thousand yuan last year[3] Research and Development - The company has increased its R&D investment significantly, transitioning from traditional network security products to innovative, scenario-based solutions, which may take time to yield profits[7] Investment and Income Changes - Investment income and fair value changes have decreased by approximately 35.2 million yuan (after tax) compared to the previous year due to valuation changes in associated companies[7] Product and Revenue Growth - The company has launched 24 products in the mobile cloud security sector, achieving over 20% revenue growth in cloud security services[9] - The company has released over 300 domestically produced security products, achieving over 15% revenue growth in emerging fields[10] Strategic Collaborations and Customer Base Expansion - The company has expanded its customer base by collaborating with China Mobile to develop cloud computer services, reaching millions of monthly active users[10] - The company is actively pursuing strategic innovation directions and optimizing its cost structure while enhancing core competitiveness through collaboration with China Mobile[8] Risk Awareness and Financial Reporting - The company emphasizes the importance of risk awareness, noting that the financial data is preliminary and will be detailed in the 2024 annual report[13]