OKE(688308)2025-01-20 10:10Revenue Expectations - The company expects 2024 annual revenue to be between 1,100 million and 1,160 million CNY, representing a year-on-year increase of 7.16% to 13.01%[2]. - In 2023, the company achieved a revenue of 1,026.46 million CNY and a net profit of 166 million CNY[3]. Profit Projections - The projected net profit attributable to shareholders for 2024 is between 58 million and 65 million CNY, a decrease of 60.84% to 65.06% compared to the previous year[2]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 22 million and 26.5 million CNY, reflecting a decline of 79.54% to 83.02% year-on-year[2]. Factors Affecting Profit - The decline in net profit is attributed to lower gross margins from new projects, increased R&D expenses, and higher depreciation and tax expenses[5]. - The CNC tool industrial park project has entered production but is still in the capacity ramp-up phase, leading to lower initial gross margins[5]. - The company has increased its focus on product upgrades and new product development, resulting in higher R&D costs[5]. - The financial expenses have also increased, contributing to a rise in the period expense ratio[5]. Business Strategy - The company is actively promoting integrated tool solutions and accelerating terminal channel construction[5]. Financial Reporting - The performance forecast is based on preliminary calculations and has not yet been audited by certified public accountants[6].