Wuhan Jingce Electronic (300567)2025-01-23 08:10Financial Performance - The company expects a net loss of between 90 million and 100 million yuan for the fiscal year 2024, compared to a profit of 150.1 million yuan in the same period last year[4]. - Non-recurring gains and losses are expected to impact net profit by approximately 57.3 million yuan, primarily from government subsidies[8]. Research and Development - The company's R&D investment is projected to reach between 700 million and 800 million yuan, accounting for approximately 30% of total revenue[7]. - The company is actively expanding its high-end talent pool to support R&D in the semiconductor sector amid strong domestic demand[7]. - The company has completed the delivery and acceptance of key products in the 7nm advanced process, with further advanced products currently under validation[8]. Sector Performance - Revenue and gross margin in the new energy sector are expected to decline significantly, with estimated losses of around 60 million to 70 million yuan[7]. - The semiconductor sector is anticipated to achieve close to a doubling of revenue, with advanced process products increasingly contributing to overall revenue and orders[7][8]. - The gross margin in the display sector has declined compared to the same period last year due to price adjustments made to maintain market competitiveness[6]. Business Strategy - The company plans to optimize and adjust its business structure to focus on advantageous sectors like semiconductors due to ongoing losses in the new energy sector[8]. - The company has communicated its performance forecast with its auditing firm, although the forecast has not yet been audited[5].