Financial Performance - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -110 million and -165 million RMB, indicating a loss compared to the previous year [2]. - The net profit after deducting non-recurring gains and losses is projected to be between -120 million and -180 million RMB for the same period [2]. - In the first half of 2023, the company reported a net profit of 241.25 million RMB attributable to shareholders, with a net profit of 121.01 million RMB after deducting non-recurring gains and losses [3]. - The basic earnings per share for the first half of 2023 was 0.13 RMB per share [3]. Reasons for Performance Decline - The primary reason for the expected loss is significant valuation changes in projects invested by joint ventures, leading to an estimated investment loss of approximately -110 million to -150 million RMB [5]. - Increased competition and insufficient demand in the industry have contributed to the decline in performance [5]. Strategic Changes - The company is undergoing a strategic adjustment and transformation, resulting in a reduced scope of consolidated financial statements and a significant change in business structure [5]. Market Volatility and Investor Caution - The company warns of potential volatility in stock prices due to multiple influencing factors in the securities market [6]. - Investors are reminded to invest rationally and be aware of investment risks [7]. - The preliminary forecast data is subject to change, with specific performance data to be disclosed in the company's 2024 semi-annual report [7].
东峰集团(601515) - 2024 Q2 - 季度业绩预告