SHAONENG(000601)2025-01-20 10:40Financial Performance Forecast - The company expects a net profit attributable to shareholders of 70 million to 103 million CNY for 2024, representing a year-on-year increase of 126.31% to 138.72% from a loss of 266.03 million CNY in the previous year[1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be 61.95 million to 94.95 million CNY, reflecting a growth of 122.29% to 134.17% from a loss of 277.90 million CNY in the previous year[1]. - The basic earnings per share is expected to be between 0.0654 CNY and 0.0963 CNY, compared to a loss of 0.25 CNY per share in the previous year[1]. - The performance forecast data is preliminary and will be detailed in the 2024 annual report, highlighting the need for investors to be aware of investment risks[6]. Business Segment Performance - The company's hydropower business revenue and total profit increased by 37.91% and 117.61% respectively due to significant growth in rainfall and water inflow[3]. - The ecological paper tableware business achieved a revenue growth of 16.29% year-on-year, driven by market expansion and increased product sales[3]. - The biomass energy power generation business improved its revenue by expanding heating services and reducing accounts receivable, enhancing cash flow[3]. - The precision (smart) manufacturing business saw an increase in revenue and total profit, with the new energy sector accounting for 43% of its revenue[5]. Strategic Focus - The company is focusing on brand building, market expansion, and internationalization for its ecological paper tableware business, including establishing a subsidiary in Hong Kong[5]. - The company emphasizes cost reduction and efficiency improvement across all business segments to enhance overall performance[5].