TOYOU(300302)2025-01-24 10:38Financial Performance - The company expects a net loss attributable to shareholders in the range of 210 million to 350 million CNY for the fiscal year 2024, compared to a loss of 190.15 million CNY in the same period last year[3]. - The company reported a significant reduction in investment losses from its equity investees, with Yiheng Chuangyuan's revenue increasing by approximately 210% year-on-year, contributing positive returns[8]. - The company plans to recognize goodwill impairment losses for its wholly-owned subsidiary, Hongqin Technology, estimated between 250 million to 300 million CNY due to reduced downstream user demand and project execution delays[7]. Revenue and Growth - The company's core enterprise-level storage system business achieved a revenue growth of approximately 110% year-on-year, with gross profit margin significantly increasing, leading to a gross profit increase of about 190%[6]. - The company has a substantial backlog of orders for its storage systems, amounting to approximately 140 million CNY, which is expected to support performance in 2025[6]. Research and Development - The company has maintained a high level of R&D investment, with about 20% of consolidated revenue allocated to R&D over the past three years[6]. - The company has successfully launched a full line of high-end products in its self-controlled storage system segment, matching the performance of foreign X86 products[6]. Market Strategy - The company is focusing on expanding its market presence and has won numerous core business application projects despite industry adjustments[6]. Financial Management and Investor Advisory - The company emphasizes the importance of cautious financial management and ongoing goodwill impairment testing, with final amounts subject to audit and evaluation[9]. - The company advises investors to be cautious and aware of investment risks as the final figures will be disclosed in the 2024 annual report[9].