CCCCDC(600720)2024-07-08 10:07Financial Performance Expectations - The company expects a net profit attributable to shareholders for the first half of 2024 to be between 620 million and 640 million yuan, representing an increase of 160.66% to 169.07% compared to the same period last year[1][2]. - The net profit after deducting non-recurring gains and losses is projected to be between 610 million and 630 million yuan, reflecting a year-on-year increase of 154.32% to 162.66%[3][4]. Factors Influencing Profit Increase - The significant profit increase is attributed to the major asset restructuring completed in November 2023, which involved divesting cement assets and acquiring 100% equity of six design institutes[4]. - The 2023 reported net profit from cement assets was 237.86 million yuan, while the expected net profit for 2024 reflects the performance of the newly acquired design institutes[4]. Shareholder Information - The company’s major shareholders, China Communications Construction Company and China Urban Construction Group, collectively hold 62.35% of the company’s shares post-restructuring[4]. Financial Reporting and Risks - The financial data provided in the earnings forecast is preliminary and has not yet been audited by registered accountants[5]. - The company has not identified any significant uncertainties that could affect the accuracy of the earnings forecast[5]. - Detailed financial metrics will be disclosed in the company's 2024 mid-year report, and investors are advised to pay attention to investment risks[5][6].