Asia Link Technology(SZ:002316)2024-07-12 10:152024 Semi-Annual Performance Forecast Yalian Development anticipates a significant turnaround, projecting profitability for the first half of 2024 I. Current Period Performance Forecast Yalian Development expects to turn profitable in H1 2024, with net profit attributable to shareholders projected at 4-5.2 million yuan 2024 Semi-Annual Performance Forecast | Item | Current Period (Estimated) | Prior Period (Actual) | | :------------------------------------ | :----------------------------------- | :------------------------------ | | Net Profit Attributable to Shareholders | Profit: 4 million – 5.2 million yuan | Loss: 10.3609 million yuan | | Net Profit Excluding Non-Recurring Gains/Losses | Profit: 1.3 million – 1.9 million yuan | Loss: 10.2543 million yuan | | Basic Earnings Per Share | Profit: 0.0102 – 0.0132 yuan/share | Loss: 0.0264 yuan/share | - The company forecasts a turnaround from loss to profit8 (I) Performance Forecast Period The performance forecast period covers January 1 to June 30, 2024 - The performance forecast period is from January 1, 2024, to June 30, 20242 (II) Performance Forecast Status The company anticipates a turnaround from loss to profit for the current period - The company expects to achieve a turnaround from loss to profit in the current period8 II. Communication with Accounting Firm This performance forecast is a preliminary estimate by the company's finance department and has not been pre-audited - This performance forecast has not been pre-audited by an accounting firm8 III. Explanation of Performance Changes The turnaround is primarily due to biocellulose business growth, improved profitability, and reduced expenses through lean management - Increased business in the biocellulose substrate sector has enhanced the profitability of the main business8 - Continued strengthening of lean management and implementation of cost reduction and efficiency improvement measures8 - Enhanced accounts receivable management led to a decrease in period expenses and impairment losses compared to the prior period8 IV. Other Relevant Information This preliminary forecast's specific financial data will be subject to the 2024 semi-annual report, cautioning investors about risks - This performance forecast is a preliminary estimate by the company's finance department; specific financial data will be subject to the company's disclosed 2024 semi-annual report8 - Investors are advised to make prudent decisions and be aware of investment risks8