Chitwing(SZ:002855)2024-07-10 12:38Financial Performance - The company expects a net loss for the first half of 2024, with estimates ranging from a loss of 90 million to 128 million CNY, compared to a loss of 46.89 million CNY in the same period last year[9]. - The net profit after deducting non-recurring gains and losses is projected to be a loss between 95 million and 133.9 million CNY, compared to a loss of 43.45 million CNY in the previous year[9]. - Basic earnings per share are expected to be a loss between 0.365 CNY and 0.519 CNY, compared to a loss of 0.19 CNY per share in the same period last year[9]. - The financial data presented is preliminary and subject to confirmation in the official half-year report[12]. Business Strategy and Development - The company is actively adjusting its business strategy to expand into non-mobile precision components, including smart home and wearable technology, with new business orders primarily in trial production during Q2[5]. - Increased investments in R&D, sales, and management are being made to support the development of non-mobile precision components and new energy businesses[5]. - For the second half of 2024, the company plans to focus on industry trends, enhance technology R&D, and accelerate operational improvements[11]. - Cost reduction and efficiency enhancement measures will be implemented while actively exploring new markets and optimizing product structure[11]. - The company will continue to promote business strategic transformation and upgrade its industrial layout to expand into new fields and develop new businesses[11]. Production Efficiency - The company is in a critical phase of improving production efficiency, with a decline in gross margin compared to Q1[5].