S&X(002298)2025-01-22 12:05Financial Performance - The company expects a net loss attributable to shareholders of between 1.2 billion and 1.56 billion yuan for the fiscal year 2024, representing a decline of 103.35% to 164.35% compared to a loss of 590.12 million yuan in the same period last year[2] - The basic earnings per share are projected to be a loss of between 1.67 yuan and 2.17 yuan, down 103.66% to 164.63% from a loss of 0.82 yuan per share in the previous year[2] - The financial data provided is preliminary and subject to confirmation in the 2024 semi-annual report[6] Business Segments - The main business segments include smart energy, smart city, and smart new energy, with a focus on enhancing product and technology development to improve core competitiveness[3] - The smart city segment faced losses due to asset impairment losses related to the cooperation with Unicom and a decline in customer payment capabilities, leading to increased bad debt provisions[4] Strategic Actions - The company plans to accelerate the collection of receivables and adapt to policy opportunities to improve financial performance[5] - The company will conduct impairment testing on goodwill and related asset groups due to the losses incurred by its subsidiary Beijing Zhongdian Xingfa[5] - The company is actively negotiating asset transfer and settlement agreements with Unicom to mitigate the impact of previous project losses[4] Operational Status - Despite the expected losses, the company's production and operations remain normal across all subsidiaries[6] Investor Communication - The company emphasizes the importance of timely information disclosure and advises investors to be cautious in their decision-making[6]