AEROSPACE POWER(SH:600343)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 -60 million and -54 million RMB[2]. - The estimated net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -59 million and -53 million RMB[5]. - The earnings per share for the same period is expected to be -0.043352 RMB[6]. Business Impact Factors - The main business impact is due to lower-than-expected product gross margins, resulting in no profit for the company[7]. - Non-operating losses are influenced by a decrease in government subsidies and provisions for litigation liabilities[8]. - The company anticipates a significant reduction in revenue and profit from its motor products due to market impacts[14]. Operational Developments - The liquid torque converter segment is currently in a capacity enhancement phase[14]. Forecast Accuracy and Risks - The performance forecast is based on preliminary calculations by the finance department and has not been audited by registered accountants[13]. - The company emphasizes that there are no significant uncertainties affecting the accuracy of this performance forecast[8]. - Investors are advised to pay attention to investment risks as the final financial data will be disclosed in the official half-year report[8].