Champion Asia(SH:603386)2024-07-09 08:21Financial Performance - The company expects a net loss attributable to shareholders of between -18 million and -15 million CNY for the first half of 2024, compared to a profit of 48.31 million CNY in the same period last year [3]. - The net profit after deducting non-recurring gains and losses is projected to be between -30 million and -27 million CNY for the first half of 2024, down from 42.17 million CNY in the previous year [3]. - The preliminary financial data is subject to change and will be finalized in the official half-year report [7]. - The company has not identified any significant uncertainties that could affect the accuracy of this earnings forecast [6]. Market Conditions - The decline in revenue is attributed to intense competition in the PCB industry, fluctuations in customer demand, and a decrease in orders from certain application areas, including the photovoltaic sector [5]. Strategic Focus - The company is focusing on technological innovation to enhance PCB product offerings and optimize product structure to improve profitability [5]. - The company aims to expand its market presence and increase market share to enhance competitiveness [5].