CHERVON-AUTO(603982)2025-01-22 09:55Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -540 million and -480 million RMB[4]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -533 million and -473 million RMB[4]. - In the same period last year, the net profit attributable to shareholders was -564.53 million RMB, and the net profit after deducting non-recurring gains and losses was -546.17 million RMB[5]. - The company reported a basic earnings per share of -2.1503 RMB[7]. Production and Sales - The company anticipates a sales revenue increase due to the rising penetration rate of the new energy vehicle industry and the ramp-up of customer-specific models[8]. - The production capacity at the Ma'anshan base is expected to generate an output value of 890 million RMB for the year[8]. - The European Hungary production base has begun mass production supply to a well-known North American vehicle manufacturer[8]. Cost Management and Future Outlook - The company is actively implementing cost reduction and efficiency enhancement measures, including consolidating production lines and improving project efficiency[8]. - The company aims to focus on key product mass production and cost reduction to improve profitability in 2025[8]. - The forecast data is preliminary and has not been audited by registered accountants, with no significant uncertainties affecting its accuracy[9].