OLYMPIC(SH:603920)2024-07-03 12:212024 Semi-Annual Performance Forecast Announcement This announcement provides the preliminary financial results and key drivers for the company's expected significant performance growth in the first half of 2024 Current Period Performance Forecast The company anticipates substantial growth in net profit attributable to shareholders and non-recurring net profit for the first half of 2024 2024 Semi-Annual Performance Forecast | Indicator | Estimated Amount (RMB Million) | Year-on-Year Growth | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 275 to 315 | 40.34% to 60.75% | | Net Profit Attributable to Shareholders After Non-Recurring Gains/Losses | 270 to 310 | 40.30% to 61.08% | Prior Period Performance Overview The company's financial performance for the first half of 2023 serves as a comparative benchmark for current period growth 2023 Semi-Annual Performance Review | Indicator | Amount | | :--- | :--- | | Net Profit Attributable to Shareholders | RMB 195.96 million | | Net Profit Attributable to Shareholders After Non-Recurring Gains/Losses | RMB 192.45 million | | Earnings Per Share | RMB 0.37 | Key Drivers of Current Period Performance Growth Performance growth is primarily driven by increased orders, optimized product structure, and favorable exchange rate movements - Robust orders and enhanced capacity utilization contributed to overall performance growth, benefiting from the electronics industry's recovery and accelerated capacity release from convertible bond projects6 - Product structure optimization, driven by the development of new energy vehicles, data centers, and wind/solar/storage businesses, led to improved gross margins16 - Favorable exchange gains resulted from the depreciation of RMB against USD in the first half of 2024, given the company's significant overseas business settled in USD7 Risk Warning and Other Disclosures The company emphasizes that the performance forecast is preliminary and unaudited, with final figures subject to the official semi-annual report - This performance forecast has not been audited by a certified public accountant5 - The forecast data are preliminary calculations, and the specific accurate financial data will be subject to the company's officially disclosed 2024 semi-annual report9 - The company confirms there are no significant uncertainties affecting the accuracy of this performance forecast8