LONGLI(300752)2025-01-22 08:36Financial Performance Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between RMB 10,000 million and RMB 12,000 million, representing a year-on-year increase of 118.94% to 162.73% compared to RMB 4,567.40 million in the previous year[3]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between RMB 8,500 million and RMB 11,000 million, indicating a significant year-on-year growth of 1,638.21% to 2,149.44% from RMB 489.01 million in the previous year[3]. - The impact of non-recurring gains and losses on net profit for the reporting period is estimated to be between RMB 1,000 million and RMB 1,500 million[6]. Business Growth Drivers - The increase in net profit is attributed to the optimization of product structure, with a growing share of smart cockpits and large-size businesses[5]. - The rapid growth in vehicle-mounted business revenue is driven by the increasing penetration rate of the new energy vehicle industry and the volume production of designated models[5]. - The consumer electronics business is gradually recovering as the terminal market shows signs of improvement[6]. Company Strategy and Governance - The company is focused on cost reduction and efficiency improvement, enhancing capital utilization and profitability[5]. - The financial data in the earnings forecast has not been audited by a registered accountant, but there are no discrepancies between the company and the accounting firm regarding the earnings forecast[4]. - The earnings forecast is based on preliminary estimates by the company's finance department and will be finalized in the 2024 annual report[7]. Investor Advisory - Investors are advised to make cautious decisions and be aware of investment risks[7].