FAST PRINT(002436)2025-01-24 13:40Financial Performance Expectations - Shenzhen Xingsen Quick Circuit Technology Co., Ltd. expects a net loss of RMB 170 million to 200 million for 2024, compared to a profit of RMB 211.21 million in the same period last year [2]. - The net profit after deducting non-recurring gains and losses is also projected to be a loss of RMB 170 million to 200 million, down from a profit of RMB 47.76 million in the previous year [2]. Factors Contributing to Losses - The anticipated losses are primarily due to high costs in the FCBGA packaging substrate business, which is still in small-batch production [3]. - Low capacity utilization rates at subsidiaries Yixing Silicon Valley Electronics Technology Co., Ltd. and Guangzhou Xinkai Semiconductor Co., Ltd. are contributing to the expected losses [3]. - The company is facing ongoing losses from its equity investment in Shenzhen Ruijun Semiconductor Co., Ltd. due to intense market competition [3]. Business Outlook and Strategy - The company plans to maintain its AA credit rating and stable outlook, reflecting its position as a leading player in the PCB sample and small-batch board segment [3]. - The PCB business, which is a major source of revenue and gross profit, is expected to show resilience as industry demand gradually recovers [3]. - The company will closely monitor the development of the FCBGA business and its impact on credit ratings and outlook [3].