WG Tech(SH:603773)2024-07-09 09:26Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between -36 million and -25 million CNY[3]. - The projected operating revenue for the first half of 2024 is estimated to be between 950 million and 1.15 billion CNY, representing a year-on-year increase of 22.87% to 48.74%[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -52 million and -35 million CNY[4]. - The company reported a net profit of -11.32 million CNY for the same period last year[7]. Strategic Initiatives - The company completed the acquisition of the remaining equity of Hubei Tongge Microcircuit Technology Co., Ltd. in February 2024, making it a wholly-owned subsidiary[9]. - The company is focusing on enhancing its core capabilities and market share despite challenges in the consumer electronics and LCD panel industries[9]. - The company plans to continue promoting the application of glass-based TGV substrates in new display and semiconductor advanced packaging fields[10]. - The company emphasizes the importance of optimizing product structure and increasing market development efforts to improve management and profitability[10]. Non-Recurring Items - Non-recurring gains and losses are expected to increase by approximately 3 million CNY due to government subsidies and the reversal of certain receivable impairments[11]. Financial Reporting - The financial data provided is preliminary and subject to final confirmation in the official half-year report[13].