GEM-YEAR(SH:601002)2024-07-09 07:51Financial Performance - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -27 million and -19 million yuan, indicating a loss compared to the previous year[4]. - The preliminary estimate for the net profit attributable to shareholders is projected to be between -28 million and -20 million yuan, reflecting a significant decline from the previous year's profit of 15.17 million yuan[14]. - The company reported a total profit of 13.26 million yuan and a net profit of 9.40 million yuan after deducting non-recurring gains and losses in the same period last year[14]. Market Challenges - The decline in performance is primarily attributed to a challenging market environment in the fastener industry, characterized by intense competition, decreased sales volume, and lower selling prices[16]. Strategic Plans - The company plans to continue promoting technological innovation and product upgrades, optimizing product structure, and enhancing operational efficiency to ensure healthy development[16]. Forecast and Risks - The earnings forecast has not been audited by a registered accountant, and the company assures that there are no significant uncertainties affecting the accuracy of this forecast[15]. - The company emphasizes the importance of monitoring investment risks as the preliminary data is subject to change upon the official release of the 2024 semi-annual report[13].