Raycloud(688365)2025-01-21 10:05Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -83 million RMB and -60 million RMB, representing an increase in losses of 41.55 million RMB to 64.55 million RMB compared to the previous year, with a loss increase rate of 225.26% to 349.94%[3] - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -73 million RMB and -63 million RMB, indicating a decrease in losses of 10.29 million RMB to 20.29 million RMB compared to the previous year, with a loss reduction rate of 12.35% to 24.36%[3] - In 2023, the total profit was -20.41 million RMB, and the net profit attributable to shareholders of the parent company was -18.45 million RMB[5] - The preliminary financial data provided is subject to change and will be finalized in the audited annual report for 2024[9] - The earnings forecast has not yet been audited by a registered accountant[4] Business Strategy - The company plans to focus on its core business and gradually reduce investment in non-core low-margin businesses, while increasing R&D and market expansion efforts[6] - The company aims to enhance customer satisfaction and market recognition through continuous product iteration and optimization[6] Market Conditions - Investment income from joint ventures is expected to improve significantly compared to the previous year, leading to a decrease in losses from long-term equity investments accounted for using the equity method[6] - The company has experienced a shift in the e-commerce market, with increased competition from emerging platforms such as live-streaming and cross-border e-commerce[6] Uncertainties - The company has not identified any significant uncertainties that would affect the accuracy of the earnings forecast[8]