TZE(002129)2025-01-24 12:20Financial Performance Expectations - The company expects a net loss of between 820 million and 890 million yuan for the year 2024, compared to a profit of 341.61 million yuan in the same period last year [2]. - The expected loss after deducting non-recurring gains and losses is between 920 million and 990 million yuan, down from a profit of 257.48 million yuan in the previous year [2]. - Basic earnings per share are projected to be a loss of between 2.0304 yuan and 2.2038 yuan, compared to earnings of 0.8518 yuan per share last year [2]. Market and Industry Challenges - The decline in performance is attributed to a market imbalance due to concentrated capacity release and continuous price drops in the photovoltaic industry [4]. - The company maintains the number one global market share in new energy materials but has faced gross profit losses since Q2 due to price declines and inventory management issues [4]. Strategic Initiatives - The company is undergoing operational and organizational transformations to improve competitiveness and efficiency, with a focus on cost reduction and quality improvement [5]. - The company plans to accelerate brand and channel development in its battery component business to enhance competitiveness [5]. - The company aims to increase the proportion of overseas revenue by advancing its globalization strategy and localizing manufacturing in key markets [5]. - The company is confident in achieving sequential improvements in operating performance by 2025 [5]. Financial Reporting and Risks - The financial data provided is preliminary and subject to confirmation in the 2024 annual report, highlighting the need for investors to be aware of investment risks [6].