Creator Information(SZ:300730)2024-04-19 09:41Financial Performance Expectations - The company expects a net loss attributable to shareholders of between RMB 154 million and RMB 174 million for the fiscal year 2023, a significant revision from the previous forecast of a loss between RMB 72 million and RMB 92 million [3]. - The adjusted net loss after deducting non-recurring gains and losses is projected to be between RMB 161 million and RMB 181 million, compared to the earlier estimate of a loss between RMB 79 million and RMB 99 million [3]. Revenue Recognition and Payment Issues - The revision is primarily due to the uncertainty of future cash inflows from specific projects, leading to a reduction in recognized revenue and the full provision for bad debts amounting to RMB 81.79 million [5]. - The company signed contracts worth RMB 111.16 million with Dayou Digital Technology, but has not received the remaining payment due by May 16, 2024, raising concerns about revenue recognition [5]. - The company is actively communicating with Dayou Technology regarding payment issues and may pursue legal action if payments are not received by the deadline [7]. Investor Communication and Compliance - The company acknowledges the inconvenience caused to investors due to the earnings forecast revision and commits to improving management and compliance with disclosure regulations [7]. - The final financial data will be disclosed in the audited annual report for 2023, and investors are advised to be cautious regarding investment risks [7].