CPIC(601601)2025-01-22 10:15Financial Projections - The estimated net profit for 2024 is projected to be between RMB 42.2 billion and RMB 46.3 billion, an increase of approximately RMB 14.9 billion to RMB 19 billion compared to the previous year, representing a year-on-year growth of about 55% to 70%[3] - The estimated net profit excluding non-recurring gains and losses for 2024 is projected to be between RMB 42.1 billion and RMB 46.1 billion, with a similar increase of approximately RMB 15 billion to RMB 19 billion compared to the previous year[3] - The total profit for the previous year was RMB 32.001 billion, with a net profit attributable to shareholders of RMB 27.257 billion[5] - The basic and diluted earnings per share for the previous year were RMB 2.83[5] Profitability Drivers - The significant increase in profit is attributed to the company's focus on core business, enhancing core competitiveness, and improving operational management, leading to a substantial growth in investment income[6] - The company aims to maintain a disciplined and flexible tactical asset allocation strategy to ensure stable profitability across various market conditions[6] - The company emphasizes the importance of integrated risk control capabilities and continuous improvement in business quality management[6] Forecast Accuracy and Risks - There are no major uncertainties that could affect the accuracy of the performance forecast[7] - The forecast data is preliminary and subject to final audited financial results to be disclosed in the annual report[9] - Investors are advised to pay attention to investment risks associated with the preliminary nature of the forecast[9]