GGITG(SH:601086)2024-07-09 08:08Financial Performance Forecast - The company expects a net profit attributable to shareholders for the first half of 2024 to be between RMB 30.30 million and RMB 39.10 million, representing a year-on-year decline of 74.34% to 66.89%[15]. - The estimated net profit after deducting non-recurring gains and losses for the first half of 2024 is projected to be between RMB 41.50 million and RMB 50.30 million, a decrease of RMB 33.68 million to RMB 24.88 million compared to the same period last year, with a year-on-year change of -44.80% to -33.09%[8]. - The company reported a net profit attributable to shareholders of RMB 118.10 million for the previous year[9]. - The basic earnings per share for the previous year were RMB 0.18 per share[18]. - The performance forecast is preliminary and has not been audited by registered accountants, and investors are advised to pay attention to investment risks[19]. Operational Challenges - The overall operating revenue and gross profit level of the company have decreased year-on-year due to changes in macroeconomic conditions, market environment, and consumer demand[4]. - The significant decline in performance is attributed to the impact of store renovations and increased marketing expenses, which have led to reduced gross profit margins[4]. - The company implemented marketing strategies such as issuing consumer and promotional coupons to counteract the economic environment, which resulted in increased expenses[4]. Investment and Fair Value Changes - The fair value change loss from the investment in Jilin Aolide Optoelectronic Materials Co., Ltd. decreased by RMB 59.80 million compared to the same period last year[11]. - The company has not identified any major uncertainties that could affect the accuracy of this performance forecast[5].