Sunxing(SH:603978)2024-07-08 09:22Important Notice The company anticipates a net loss for the first half of 2024, meeting the criteria for a pre-loss announcement - The company anticipates a negative net profit for the first half of 2024, meeting the criteria for a pre-loss announcement6 Forecast of Net Profit Attributable to Shareholders for H1 2024 | Indicator | H1 2024 Forecast (10,000 CNY) | Year-over-Year Change (10,000 CNY) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | -6,500 to -5,500 | Loss increase of 596.68 to 1,596.68 | Current Period Performance Forecast This section details the company's projected financial performance for the first half of 2024, including net profit and non-recurring items Performance Forecast Period This forecast specifically covers the company's operating results for the first half of the 2024 fiscal year - The performance forecast period is from January 1, 2024, to June 30, 20242 Performance Forecast Details The company expects both net profit attributable to shareholders and net profit after non-recurring items to be negative for H1 2024, with an expanded net loss H1 2024 Performance Forecast | Indicator | H1 2024 Forecast (10,000 CNY) | Year-over-Year Change (10,000 CNY) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | -6,500 to -5,500 | Loss increase of 596.68 to 1,596.68 | | Net Profit Attributable to Shareholders After Non-Recurring Items | -8,000 to -7,000 | - | Prior Period Operating Performance and Financial Position This section provides a comparative overview of the company's financial results and status from the first half of the previous year H1 2023 Operating Performance | Indicator | H1 2023 (10,000 CNY/CNY) | | :--- | :--- | | Net Profit Attributable to Shareholders | -4,903.32 (10,000 CNY) | | Net Profit Attributable to Shareholders After Non-Recurring Items | -5,173.31 (10,000 CNY) | | Earnings Per Share (EPS) | -0.30 (CNY) | Primary Reasons for Continued Losses in the Current Period The company's ongoing losses are primarily attributed to declining product prices, subdued market demand, and increased financial expenses from project expansion - The lithium hexafluorophosphate product line experienced losses due to persistently declining prices and weaker-than-expected downstream demand4 - Significant increases in production and sales volume for the aluminum foil blank project led to higher working capital requirements and bank borrowings, resulting in a substantial year-over-year rise in financial expenses4 Risk Warning This section highlights potential risks and uncertainties that could impact the accuracy of the performance forecast - The company declares no other uncertain factors exist that would affect the accuracy of this performance forecast7 Other Explanatory Matters This section addresses any additional information or clarifications pertinent to the financial report