Linewell(SH:603636)2024-07-09 11:03Financial Performance - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -105 million and -125 million yuan[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -107.5 million and -127.5 million yuan[3]. - In the same period last year, the net profit attributable to shareholders was -26.71 million yuan, indicating a significant decline in performance[5]. Project Receivables - The total project receivables for the first half of 2024 reached 752 million yuan, a 66.74% increase compared to the same period last year[7]. Research and Development - The company has increased its investment in artificial intelligence research and development, leading to a substantial rise in R&D expenses[7]. - The company has achieved a 4+ level certification for its AI model from the China Academy of Information and Communications Technology, becoming the first company to receive this highest rating[8]. Business Model Transformation - The company aims to transform its business model from integration to subscription services, enhancing the revenue share from self-developed software products and services[8]. Financial Reporting and Risks - The financial data provided is preliminary and has not been audited by an accounting firm, indicating potential risks in accuracy[9]. - The official financial data will be disclosed in the 2024 semi-annual report, and investors are advised to be cautious of investment risks[10]. Compliance and Policy Adherence - The company emphasizes the importance of adhering to government policies regarding the collection of overdue payments from private enterprises[7].