DAAE(600178)2024-07-09 08:55Financial Performance Forecast - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -8.3 million and -5.53 million RMB, indicating a loss compared to the same period last year [3]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -73.89 million and -49.26 million RMB [5]. - In the same period last year, the net profit attributable to shareholders was 16.77 million RMB, and the net profit after excluding non-recurring gains and losses was 8.76 million RMB [7]. - The performance forecast has not been audited by a registered accountant [6]. - The data provided is preliminary and the final financial figures will be disclosed in the official half-year report [9]. - There are no significant uncertainties that could affect the accuracy of this performance forecast [8]. - Investors are advised to pay attention to investment risks as the data is subject to change [9]. Sales and Market Conditions - The company sold 214,300 units in the first half of 2024, a decrease of 24.2% compared to the same period last year [8]. - The decline in profit is primarily due to intensified competition in the commercial vehicle market and lower-than-expected sales from major customers [8]. - The company's gross profit margin has decreased compared to the same period last year due to reduced production volume and price cuts [8].